Table 13.2
$\begin{array}{|c|c|c|}
\hline \text { Price per Dose } & \begin{array}{c}
\text { Quantity } \
\text { Demanded } \
\text { (dose) }
\end{array} & \begin{array}{c}
\text { Total Cost of } \
\text { Production } \
\text { (dollars) }
\end{array} \
\hline \$ 80 & 0 & \$ 80 \
\hline 72 & 1 & 82 \
\hline 64 & 2 & 88 \
\hline 56 & 3 & 100 \
\hline 48 & 4 & 124 \
\hline 40 & 5 & 164 \
\hline 32 & 6 & 208 \
\hline 24 & 7 & 268 \
\hline 16 & 8 & 340 \
\hline
\end{array}$
Onawy Inc. has been granted a patent for its birch root toothache balm. Table 13.2 shows the demand and the total cost schedule for the firm.
-Refer to Table 13.2.What is the approximate deadweight loss generated by Onawy when it produces the monopoly output?
A)$124
B)$42
C)$36
D)$12

Question

Table 13.2
 $\begin{array}{|c|c|c|}
\hline \text { Price per Dose } & \begin{array}{c}
\text { Quantity } \
\text { Demanded } \
\text { (dose) }
\end{array} & \begin{array}{c}
\text { Total Cost of } \
\text { Production } \
\text { (dollars) }
\end{array} \
\hline \$ 80 & 0 & \$ 80 \
\hline 72 & 1 & 82 \
\hline 64 & 2 & 88 \
\hline 56 & 3 & 100 \
\hline 48 & 4 & 124 \
\hline 40 & 5 & 164 \
\hline 32 & 6 & 208 \
\hline 24 & 7 & 268 \
\hline 16 & 8 & 340 \
\hline
\end{array}$ 
Onawy Inc. has been granted a patent for its birch root toothache balm. Table 13.2 shows the demand and the total cost schedule for the firm.
-Refer to Table 13.2.What is the approximate deadweight loss generated by Onawy when it produces the monopoly output?
A)$124
B)$42
C)$36
D)$12

Quizplus · Accepted Answer

The Answer of Table 13.2
 $\begin{array}{|c|c|c|}
\hline \text { Price per Dose } & \begin{array}{c}
\text { Quantity } \
\text { Demanded } \
\text { (dose) }
\end{array} & \begin{array}{c}
\text { Total Cost of } \
\text { Production } \
\text { (dollars) }
\end{array} \
\hline \$ 80 & 0 & \$ 80 \
\hline 72 & 1 & 82 \
\hline 64 & 2 & 88 \
\hline 56 & 3 & 100 \
\hline 48 & 4 & 124 \
\hline 40 & 5 & 164 \
\hline 32 & 6 & 208 \
\hline 24 & 7 & 268 \
\hline 16 & 8 & 340 \
\hline
\end{array}$ 
Onawy Inc. has been granted a patent for its birch root toothache balm. Table 13.2 shows the demand and the total cost schedule for the firm.
-Refer to Table 13.2.What is the approximate deadweight loss generated by Onawy when it produces the monopoly output?
A)$124
B)$42
C)$36
D)$12

Table 132 Onawy Inc Has Been Granted a Patent for Its Birch Root