Scenario 15-4 Suppose a Monopolist Has a Demand Curve That Can Be

Multiple Choice

Scenario 15-4
Suppose a monopolist has a demand curve that can be expressed as P=90-Q. The monopolist's marginal revenue curve can be expressed as MR=90-2Q. The monopolist has constant marginal costs and average total costs of $10.
-Refer to Scenario 15-4. The profit-maximizing monopolist will earn profits of

A) $6,400.
B) $3,200.
C) $1,600.
D) $800.