Table 15-15 A Monopolist Faces the Following Demand Curve

Multiple Choice

Table 15-15
A monopolist faces the following demand curve:
-Refer to Table 15-15. The monopolist has total fixed costs of $40 and a constant marginal cost of $5. At the profit-maximizing level of output, the monopolist's profit is

A) $88.
B) $8.
C) $6.
D) We do not have enough information to determine profit.