Use the Following to Answer Questions

question 105

Multiple Choice

Use the following to answer questions:
Figure: Monopolist
-(Figure: Monopolist) Refer to the figure. Based on the demand curves for a monopolist's product in two different markets-Market A and Market B-what price should the monopolist charge in Market B?

• A) $9
• B) $5
• C) $7
• D) any price higher than $5

---

Definitions:

Small Game

Hunting or trapping of smaller wild animals, often for food, fur, or sport, including species like rabbits, squirrels, and birds.

Europeans

Europeans are residents or natives of Europe, a continent that comprises the westernmost part of Eurasia and is diverse in culture, language, and history.

Trading Opportunities

Situations or ventures that allow for the exchange of goods, services, or information in hopes of profit.

East of the Mississippi

Refers to the geographic area located to the east of the Mississippi River in the United States.