If a Monopolist Sells 100 Units at $8 Per Unit

question 473

Multiple Choice

If a monopolist sells 100 units at $8 per unit and realizes an average total cost of $6 per unit, what is the monopolist's profit?

• A)$200
• B)$400
• C)$600
• D)$800

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Definitions:

Left Ventricle

The lower left chamber of the heart that receives oxygenated blood from the left atrium and pumps it out under high pressure to the body through the aorta.

Left Atrium

The upper left chamber of the heart that receives oxygenated blood from the pulmonary veins and pumps it into the left ventricle.

QRS Segment

Part of an electrocardiogram (ECG) representing the depolarization of the heart's ventricles, which precedes the contraction of the ventricles.

ECG

An electrocardiogram, a test that measures the electrical activity of the heart to detect heart abnormalities.