The Following Figure Shows the Demand Curve [ES],the Average Cost

question 31

Multiple Choice

The following figure shows the demand curve [ES],the average cost curve [AC],the marginal cost curve [MC],and the marginal revenue curve [MR] for a firm.
Figure 8-1

-Refer to Figure 8-1.If the firm operates as a monopoly in an unregulated market,its profit-maximizing price and output would be _____,respectively.

• A)0C and 0Q
• B)0A and 0Q
• C)0B and 0R
• D)0D and 0P
• E)0A and 0T

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