Table 15-21 Tommy's Tie Company, a Monopolist, Has the Following Cost and Cost

question 200

Multiple Choice

Table 15-21
Tommy's Tie Company, a monopolist, has the following cost and revenue information. Assume that Tommy's is able to engage in perfect price discrimination.
-Refer to Table 15-21. If the monopolist can engage in perfect price discrimination, what is the total revenue when 3 ties are sold?

• A)$140
• B)$420
• C)$450
• D)$620

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