Refer to the Following Table Showing a Monopolist's Demand Schedule

question 8

Multiple Choice

Refer to the following table showing a monopolist's demand schedule: If price falls from $20 to $10,then

• A)MR = -$10,and demand is inelastic.
• B)MR = $10,and demand is elastic.
• C)MR = $30,and demand is elastic.
• D)MR = -$30,and demand is inelastic.
• E)none of the above

---

Definitions:

Cognitive Scaffolding

A teaching strategy that uses supportive methods to help learners progress beyond their current level of understanding or ability.

Behavioral Scaffolding

A teaching method that involves providing support structures to facilitate a learner's ability to achieve a goal, which are gradually removed as the learner becomes more proficient.

Verbalize Information

The act of expressing thoughts, ideas, or facts in spoken words.

Mentally

Pertains to processes or activities related to the mind, such as thinking, perceiving, remembering, and feeling.