Table 241
Hypothetical Monopoly Costs and Revenue in Table 24

question 138

Multiple Choice

$\begin{array}{lll}\text { Quantity } &\text {Price } &\text { Total cost }\\\hline1 & \$ 500 & \$ 400 \\2 & 450 & 650 \\3 & 400 & 950 \\4 & 350 & 1,300 \\5 & 300 & 1,700\end{array}$
Table 24.1
Hypothetical Monopoly Costs and Revenue In Table 24.1, according to the profit maximization rule, at the profit-maximizing level of output, total revenue is

• A) $900.
• B) $1,200.
• C) $650.
• D) $950.

---

Definitions:

Job Enrichment

A method of motivating employees by adding variety, autonomy, and increased responsibility to their roles to enhance job satisfaction and performance.

Redesigning

The process of revising or completely changing the design of a product, service, or system to improve functionality or appearance.

Vertical Loading

The delegation of greater responsibility and authority to lower levels within an organizational hierarchy, aiming to increase job enrichment and employee engagement.

Horizontal Loading

An approach to job design that involves adding more tasks of similar complexity to an employee's responsibilities to increase job breadth.