39 refer to the above data the profit maximizing

39. Refer to the above data. The profit-maximizing level of output will be:
A. 4 units.
B. 7 units.
C. 6 units.
D. 5 units.
40. Refer to the above data. The monopolist will realize a:

41. Price discrimination refers to:
42. A price discriminating pure monopolist will attempt to charge each buyer (or group of buyers):
43. If a monopolist engages in price discrimination, it will:
A. realize a smaller profit.
B. charge a higher price where individual demand is inelastic and a lower price where individual demand is
elastic.
C. produce a smaller output than when it did not discriminate.
D. charge a competitive price to all its customers.
44. If a regulatory commission forces a natural monopoly to charge a price equal to its marginal cost:
45. If a regulatory commission forces a natural monopoly to charge a price equal to its average total cost:
46. Children are charged less than adults for admission to professional baseball games but are charged the same
prices as adults at the concession stands. This pricing system occurs because: