Table 15-18
A monopolist faces the following demand curve: Suppose marginal cost is constant at $8 per unit.
-Refer to Table 15-18. The monopolist's total revenue from selling 4 units of output is
A)$4.
B)$16.
C)$32.
D)$48.

Question

Table 15-18
A monopolist faces the following demand curve:  Suppose marginal cost is constant at $8 per unit.
-Refer to Table 15-18. The monopolist's total revenue from selling 4 units of output is
A)$4. 
B)$16. 
C)$32. 
D)$48.

Quizplus · Accepted Answer

The Answer of Table 15-18
A monopolist faces the following demand curve:  Suppose marginal cost is constant at $8 per unit.
-Refer to Table 15-18. The monopolist's total revenue from selling 4 units of output is
A)$4. 
B)$16. 
C)$32. 
D)$48.

Table 15-18 A Monopolist Faces the Following Demand Curve: Suppose Marginal