(Solved): Suppose a monopolist faces the following demand curve: \table[[\table[[Price],[(Dollars per unit)]], ...

Suppose a monopolist faces the following demand curve: \table[[\table[[Price],[(Dollars per unit)]],\table[[Quantity],[(Units)]]],[8,300],[7,400],[6,500],[5,600],[4,700],[3,800],[2,900],[1,1,000]] Refer to the table. The monopolist has fixed costs of

and has a constant marginal cost of

per unit. If the monopolist were able to perfectly price discriminate, which of the following statements is correct? a. The profit of the firm is

. b. The firm will produce 900 units. c. The profit of the firm is

. d. The firm will produce 700 units.