Exhibit 9-6 Monopoly ​

question 152

Multiple Choice

Exhibit 9-6 Monopoly
​
-When the monopolist is maximizing total profit in Exhibit 9-6, the average total cost of producing that output level is:

• A) $4.
• B) $6.
• C) $7.
• D) $8.
• E) $10.

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