Consider the Following AR and MR Curves for a Single-Price

question 4

Multiple Choice

Consider the following AR and MR curves for a single-price monopolist.
FIGURE 10-2
-Refer to Figure 10-2.If marginal costs were positive and constant but less than A,the profit-maximizing output for this single-price monopolist would be

• A)0.
• B)greater than zero,but less than Q1.
• C)greater than zero,but less than Q2.
• D)equal to Q2.
• E)between Q2 and Q4.

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