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Exhibit 23-7 -Refer to Exhibit 23-7. If D Represents the Demand Curve

Question 110

Multiple Choice

Exhibit 23-7
Exhibit 23-7    -Refer to Exhibit 23-7. If D represents the demand curve facing a perfectly price-discriminating monopolist, the price it charges for the last unit sold exceeds the marginal cost of the last unit by A) $30. B) $15. C) $0. D) an amount that cannot be determined without the average cost curve.
-Refer to Exhibit 23-7. If D represents the demand curve facing a perfectly price-discriminating monopolist, the price it charges for the last unit sold exceeds the marginal cost of the last unit by


A) $30.
B) $15.
C) $0.
D) an amount that cannot be determined without the average cost curve.

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