The Figure Below Shows the Demand Schedule and Demand Curve

question 51

Multiple Choice

The figure below shows the demand schedule and demand curve for a product produced by a single- price monopolist. $\begin{array}{ll}&\text { Quantity }\\\text { Price (\$) }&\text { Demanded }\\8 & 5 \\7 & 6 \\6 & 7 \\5 & 8 \\4 & 9 \\3 & 10 \\2 & 11\end{array}$
FIGURE 10- 1
-Refer to Figure 10- 1. At what level of output is total revenue maximized for this monopolist?

• A) 8 units
• B) 11 units
• C) 9 units
• D) 10 units
• E) 7 units

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