-Refer to Figure 10

question 175

Multiple Choice

-Refer to Figure 10.11 to answer this question.Suppose this graph depicts a monopoly industry.What will be the profit-maximizing price and output respectively?

• A)$40 and 15.
• B)$40 and 30.
• C)$60 and 20.
• D)$60 and 25.
• E)$70 and 15.

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Definitions:

Ethanol

A biofuel derived from corn, sugarcane, or other plant materials, used as an alternative to gasoline.

Windmill Capacity

The maximum output of power, typically measured in megawatts (MW), that a windmill or wind turbine can produce under ideal conditions.

Sunbeams

Streams of sunlight that penetrate through breaks in the clouds or obstacles, visibly illuminating paths of light.

Computer Programs

Sequences of instructions written to perform a specified task with a computer.