Refer to a Monopoly That Faces a Demand Curve Given

question 17

Multiple Choice

refer to a monopoly that faces a demand curve given by and has a constant marginal cost as 0.2.
-In this situation the monopoly's profit maximizing output level is:

• A)0.2.
• B)0.4.
• C)0.5.
• D)0.7.

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