Refer to the demand and cost data for a pure monopolist given in the table. If the monopolist perfectly price-discriminated and sold each unit of the product at the maximum price the buyer of that unit would be willing to pay, and if the monopolist sold 4 units, then total revenue would be
A)$600.
B)$900.
C)$1,000.
D)$1,400.

Question

Refer to the demand and cost data for a pure monopolist given in the table. If the monopolist perfectly price-discriminated and sold each unit of the product at the maximum price the buyer of that unit would be willing to pay, and if the monopolist sold 4 units, then total revenue would be
A)$600. 
B)$900. 
C)$1,000. 
D)$1,400.

Quizplus · Accepted Answer

The Answer of  Refer to the demand and cost data for a pure monopolist given in the table. If the monopolist perfectly price-discriminated and sold each unit of the product at the maximum price the buyer of that unit would be willing to pay, and if the monopolist sold 4 units, then total revenue would be
A)$600. 
B)$900. 
C)$1,000. 
D)$1,400.

Refer to the Demand and Cost Data for a Pure