Table 15-6
A monopolist faces the following demand curve:
-Refer to Table 15-6. Suppose the monopolist has total fixed costs equal to $5 and a variable cost equal to $4 per unit for all units produced. What would the total profit be if she charged $6 per unit for her product?
A)$1
B)$3
C)$8
D)$15

Question

Table 15-6
A monopolist faces the following demand curve: 
-Refer to Table 15-6. Suppose the monopolist has total fixed costs equal to $5 and a variable cost equal to $4 per unit for all units produced. What would the total profit be if she charged $6 per unit for her product?
A)$1 
B)$3 
C)$8 
D)$15

Quizplus · Accepted Answer

The Answer of Table 15-6
A monopolist faces the following demand curve: 
-Refer to Table 15-6. Suppose the monopolist has total fixed costs equal to $5 and a variable cost equal to $4 per unit for all units produced. What would the total profit be if she charged $6 per unit for her product?
A)$1 
B)$3 
C)$8 
D)$15

Table 15-6 A Monopolist Faces the Following Demand Curve