Table 14-6
A monopolist faces the following demand curve:

-Refer to Table 14-6.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 14-6
A monopolist faces the following demand curve:
 
-Refer to Table 14-6.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 14-6
A monopolist faces the following demand curve:
 
-Refer to Table 14-6.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 14-6 A Monopolist Faces the Following Demand Curve