Using the demand schedule in the table above, the total revenue a perfectly price discriminating monopolist receives from selling 5 units of output is

A) $5.
B) $15.
C) $18.
D) $25.

D

Economics

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The demand for labor depends on I. technology. II. the prices of other factors of production. III. the price of the product

A) I and II B) II and III C) I and III D) I, II and III

Economics

Suppose the official gold value of the Brazilian real changes from 527 reals per ounce to 508 reals per ounce. We can then say that:

a. the Brazilian real has depreciated in value as a consequence of free market fluctuations. b. the Brazilian real has appreciated in value. c. gold is now more expensive to purchase in Brazil than it was before. d. the Brazilian real has been devalued. e. the Brazilian economy is expected to experience rapid inflation.

Economics