Table 15-1 A Monopolist Faces the Following Demand Curve

question 526

Multiple Choice

Table 15-1
A monopolist faces the following demand curve:
Marginal cost is constant at $8 per unit.
-Refer to Table 15-1.The monopolist's profit-maximizing level of output is

• A) 3 units.
• B) 4 units.
• C) 5 units.
• D) 6 units.

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