Multiple Choice
Suppose Campus Books, a profit-maximizing firm, is the only supplier of the textbook for a given class. The marginal cost of supplying each book is constant and equal to $10, and Campus Books has no fixed costs. The table shows the reservation prices of the eight students enrolled in the class.
What price will Campus Books charge if it must charge a single price to all of its customers?
A) $36
B) $18
C) $24
D) $10
Correct Answer:

Verified
Correct Answer:
Verified
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