If a Monopolist Faces an Inverse Demand Curve, P(y) =

Multiple Choice

If a monopolist faces an inverse demand curve, p(y) = 100 - 2y and has constant marginal costs of $8 and zero fixed costs and if this monopolist is able to practice perfect price discrimination, its total profits will be

A) $2,116.
B) $23.
C) $1,058.
D) $3,174.
E) $529.