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Homework answers / question archive / The table below shows a monopolist demand curve and the cost information for the production of its good

The table below shows a monopolist demand curve and the cost information for the production of its good

Marketing

The table below shows a monopolist demand curve and the cost information for the production of its good. What will their profits equal?

 

Quantity Price per Unit Total Cost
10 $100 $100
20 $80 $400
30 $60 $800
40 $40 $1,400
50 $20 $2,400

 

a. $1,600

b. $600

c. $1,200

d. $1,000

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