question archive A monopoly baby goods store has 4 customers, shown in the table below:   Customer Maximum Willingness To Pay for a Baby Swing ($) Max 250 Noah 200 Ohelia 180 Penny 100 If the monopoly store must give all customers the same price, what price should it charge for a baby swing in order to maximize revenue received? a

A monopoly baby goods store has 4 customers, shown in the table below:   Customer Maximum Willingness To Pay for a Baby Swing ($) Max 250 Noah 200 Ohelia 180 Penny 100 If the monopoly store must give all customers the same price, what price should it charge for a baby swing in order to maximize revenue received? a

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A monopoly baby goods store has 4 customers, shown in the table below:

 

Customer Maximum Willingness To Pay for a Baby Swing ($)
Max 250
Noah 200
Ohelia 180
Penny 100

If the monopoly store must give all customers the same price, what price should it charge for a baby swing in order to maximize revenue received?

a. $250

b. $200

c. $180

d. $100

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