If a monopolist decides to charge a higher price for its product, ...

[khang]

If a monopolist decides to charge a higher price for its product, it will yield:
 
  A) a lower revenue per unit sold but a higher number of units sold.
  B) a lower revenue per unit sold and a lower number of units sold.
  C) a higher revenue per unit sold but a lower number of units sold.
  D) a higher revenue per unit sold and a higher number of units sold.

Question 2

Along a straight line, the value of y is always equal to the value of x. The slope of the line is
 
  A) -1.
  B) 0.
  C) 1.
  D) infinite.

[whitcassie]

Answer to Question 1

C

Answer to Question 2

C