Exhibit 9-3 Demand and Cost Curves for GeneTech, a Monopolist

question 157

Multiple Choice

Exhibit 9-3 Demand and cost curves for GeneTech, a monopolist with a patented vaccine ​

-As shown in Exhibit 9-3, in order to maximize its profit, what price should GeneTech charge for its vaccine?

• A) $20 per dose.
• B) $25 per dose.
• C) $35 per dose
• D) $50 per dose.