Use the Following to Answer Questions

question 209

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-through the process of price discrimination, how much profit is the monopolist making in Market B?

• A) $260
• B) $780
• C) $1,040
• D) $520

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Definitions:

Ortho Evra

A type of birth control patch applied to the skin that releases hormones to prevent pregnancy.

Brevicon

A type of combined oral contraceptive pill that contains low doses of synthetic estrogen and progestin.

Ogen

A brand name for estropipate, a form of estrogen used in hormone therapy.

Depo-Provera

A contraceptive injection containing the hormone progestin, which prevents ovulation for about three months.