Exhibit 8-5 Demand and Cost Data for a Monopolist

question 147

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 maximizes profit?

• A) 2.
• B) 6.
• C) 4.
• D) 5.
• E) 7.