An Unregulated Monopolist Could Sell the First Unit of Output

question 44

Multiple Choice

An unregulated monopolist could sell the first unit of output for $40.However,for each additional unit sold,the monopolist is forced to reduce the price by $2.
-Refer to the above information to answer this question.At what output will the monopolist maximize its total revenue?

• A)5.
• B)8.
• C)9.
• D)10.
• E)11.

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