Exhibit 8-5 Demand and Cost Data for a Monopolist

question 75

Multiple Choice

Exhibit 8-5 Demand and cost data for a monopolist

-Refer to Exhibit 8-5.The demand schedule and cost schedule for a monopolist are provided.Which output level maximises profit?

• A)2.
• B)4.
• C)5.
• D)6.
• E)7.

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