Use the Following to Answer Question

question 65

Multiple Choice

Use the following to answer question:
Figure: The Monopolist
-(Scenario: Monopolist) Use Scenario: Monopolist.At the profit-maximizing level of output,the profit per unit is: Scenario: Monopolist
The demand curve for a monopolist is P = 75 - 0.5Q,and the monopolist's marginal cost curve is defined using the equation MC = 2Q.Assume also that ATC at the profit-maximizing level of production is equal to $12.50.

• A)$62.50.
• B)$0.00
• C)$75.00.
• D)$50.00.

---

Definitions:

Descriptive

Descriptive pertains to explaining or detailing the characteristics, features or aspects of something without expressing any judgment or opinion.

Prescriptive

Offering or providing recommendations or guidelines on how something should be done.

Specialized Role

A position that requires specific skills and knowledge, tailor-made to perform particular tasks within an organization.

Social Process

An ongoing sequence of interactions and adjustments between individuals or groups in a society, shaping cultural and social development.