-The Above Table Gives the Demand Schedule for a Single-Price

question 209

Multiple Choice

-The above table gives the demand schedule for a single-price monopoly.If the marginal cost is $3,the profit maximizing output for the monopoly will be between

• A) 1 to 2 units.
• B) 2 to 3 units.
• C) 3 to 4 units.
• D) 4 to 5 units.
• E) Exactly 5 units.