Figure 11-5

In Figure 11-5, Crown Theater, a monopolist movie theater, has chosen the profit-maximizing output. At this output level, the value of MR is what value?

In Figure 5-3, the price elasticity of demand equals __________ between points T and U and equals __________ between points V and W

a.
0.33; 1.86
b.
0.54; 3
c.
3; 0.54
d.
1.86; 0.33
e.
2; 2

Refer to the given table. The equilibrium price in this market is:Price Per UnitColumn A Units Per YearColumn B Units Per Year$2010040$309550$408060$506570$605080 

A. between $30 and $40. B. nonexistent. C. between $40 and $50. D. between $20 and $30.