Suppose a monopolist sells 10,000 units of output at $22 per unit. The firm's total revenue is
A) $2,200.
B) $22,000.
C) $220,000.
D) $2,200,000.
C
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The nominal interest rate for a consumer loan lasting from 2007 to 2008 is 8.5 percent and the real interest rate is 4.5 percent. If the consumer price index was 200 in 2007, what would the consumer price index value be in 2008?
a. 192 b. 208 c. 209 d. 217
U.S. imports provide the means by which ______.
a. foreigners can buy U.S. exports b. Americans can invest in foreign stock exchanges c. foreigners receive unilateral transfers d. Americans calculate the statistical discrepancy
What is the GNP using the table shown? In billions of dollarsConsumption3,600Investment800Transfer payments750Government Purchases1,000Exports650Imports450Net foreign factor income?30
A. 6,220 B. 6,250 C. 5,570 D. 5,630
If a new governmental policy decreases unemployment benefits, we would expect the labor ________ curve to shift to the ________.
A. supply; right B. supply; left C. demand; left D. demand; right