Figure 15-7 -Refer to Figure 15-7.Use the Figure Above to Answer the Above

question 254

Essay

Figure 15-7

-Refer to Figure 15-7.Use the figure above to answer the following questions.
a.What is the profit-maximizing quantity and what price will the monopolist charge?
b.What is the total revenue at the profit-maximizing output level?
c.What is the total cost at the profit-maximizing output level?
d.What is the profit?
e.What is the profit per unit (average profit)at the profit-maximizing output level?
f.If this industry was organized as a perfectly competitive industry, what would be the profit-maximizing price and quantity?

Describe the historical and contemporary misconceptions about race.

Recognize the role of genetics in human diversity and commonality.

Comprehend the impact of environmental factors on human biological diversity.

Analyze the relationship between race, intelligence, and genetics.