Exhibit 8-4 Demand and Cost Curves for a Monopolist

question 145

Multiple Choice

Exhibit 8-4 Demand and cost curves for a monopolist

-As shown in Exhibit 8-4,in order to maximize its profit (or minimize its loss) ,how much output should the monopoly produce?

• A) 2 units per hour.
• B) 4 units per hour.
• C) 6 units per hour.
• D) 8 units per hour.