Table 15-18 A Monopolist Faces the Following Demand Curve: Suppose Marginal

Multiple Choice

Table 15-18
A monopolist faces the following demand curve: Suppose marginal cost is constant at $8 per unit.
-Refer to Table 15-18. Suppose the firm depicted in the table is selling a prescription drug for which it had a patent, but the patent has expired. As new firms enter the market and sell the generic version of this drug competitively, what quantity will be sold?

A) 3 units
B) 4 units
C) 5 units
D) 6 units