Scenario: A Small-Town Monopolist
A monopolist sells cable subscriptions in a small town and finds that it can sell 100 subscriptions when the price is $15 a week and an additional 75 subscriptions when the price is $10 a week.The MC for the provision of the cable is $5 a week.There are no fixed costs.
(Scenario: A Small-Town Monopolist) Use the information from the scenario A Small-Town Monopolist.If this monopolist chooses to sell subscriptions at one price, it will sell ________
units at a price of ________ and earn economic profits equal to _.
A.75; $10; $500
B.100; $15; $1,000
C.175; $15; $1,000
D.100; $10; $750

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The Answer of Scenario: A Small-Town Monopolist
A monopolist sells cable subscriptions in a small town and finds that it can sell 100 subscriptions when the price is $15 a week and an additional 75 subscriptions when the price is $10 a week.The MC for the provision of the cable is $5 a week.There are no fixed costs.
(Scenario: A Small-Town Monopolist) Use the information from the scenario A Small-Town Monopolist.If this monopolist chooses to sell subscriptions at one price, it will sell ________
units at a price of ________ and earn economic profits equal to _.
A.75; $10; $500
B.100; $15; $1,000
C.175; $15; $1,000
D.100; $10; $750

Scenario: a Small-Town Monopolist