Reference: Ref 13-3 (Figure: Monopoly Profits) Refer to the Figure

question 90

Multiple Choice

Reference: Ref 13-3 (Figure: Monopoly Profits) Refer to the figure. What is the monopolist's price and output level?

• A) P = $3.00; Q = 40
• B) P = $16.50; Q = 40
• C) P = $6.00; Q = 40
• D) P = $6.00; Q = 80

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