Multiple Choice
(Figure: The Monopolist IV) Use Figure: The Monopolist IV.Assume this monopolist has no fixed costs.If this monopolist profit-maximizes,it will produce _____ units and charge a price equal to _____.Its profit will be _____,its consumer surplus will be _____,and the deadweight loss is _____. Figure: The Monopolist IV
A) 50;$30;$1,200;$600;$100
B) 35;$65;$1,225;$612.50;$612.50
C) 100;$65;$1,500;$615.50;$1,000
D) 70;$35;$1,225;$615.50;$615.50
Correct Answer:

Verified
Correct Answer:
Verified
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