Exhibit 9-4 Demand and Cost Curves for a Monopolist

question 44

Multiple Choice

Exhibit 9-4 Demand and cost curves for a monopolist
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-As shown in Exhibit 9-4, in order to maximize its profit (or minimize its loss) , what price should the monopoly charge for its product?

• A) $60 per unit.
• B) $90 per unit.
• C) $120 per unit.
• D) $150 per unit.

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