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Suppose the Figure Below Illustrates the Demand Curve Facing a Monopolist

Question 36

Multiple Choice

Suppose the figure below illustrates the demand curve facing a monopolist. Suppose the figure below illustrates the demand curve facing a monopolist.   At a price of $8 per unit, the total revenue for this monopolist is ______ per day, and the marginal revenue earned from the last unit sold is ______. A) $8; $8 B) $3,200; $8 C) $3,200; $4 D) $3,200; $0 At a price of $8 per unit, the total revenue for this monopolist is ______ per day, and the marginal revenue earned from the last unit sold is ______.


A) $8; $8
B) $3,200; $8
C) $3,200; $4
D) $3,200; $0

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