Demand and Cost Data for Sylvie's Shampoo Company Table 26

question 66

Multiple Choice

Demand and Cost Data for Sylvie's Shampoo Company Table 26.2
A Monopolistically Competitive Firm
$$\begin{array} { | r | r | r | r | } \hline { \text { Price } } &{ \begin{array} { c } \text { Demand Data } \\\text { Quartity }\end{array} } & \text { Cost Data Output } & { \text { Total Cost } } \\\hline \$ 22 & 6 & 6 & \$ 96 \\\hline \$ 20 & 7 & 7 & \$ 104 \\\hline \$ 18 & 8 & 8 & \$ 114 \\\hline \$ 16 & 9& 9 & \$ 126 \\\hline \$ 14 & 10 & 10 & \$ 140 \\\hline\end{array}$$ Refer to Table 26.2.At the profit-maximizing output and price,Sylvie's Shampoo Company will earn a profit equal to

• A)$36.
• B)$30.
• C)$140.
• D)$144.

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