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tree51 tree51
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5 years ago
A monopolist spent $450 in TV commercials. Such advertisement changed the monopolist inverse demand curve from p = 40 - q to p = 50 - q. The monopolist marginal cost is $4 and it has no fixed cost. The TV commercials
A) decreased the monopolist's revenue.
B) decreased the monopolist's profit.
C) increased the monopolist's profit.
D) did not affect the monopolist's profit.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Paigegalvan96Paigegalvan96
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5 years ago
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tree51 Author
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5 years ago
Thanks for your help!!
big_larry_samp
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Yesterday
Helped a lot
mikey3091
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2 hours ago
Just got PERFECT on my quiz
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