Table 14-12 The Following Table Provides Information on the Price,quantity,and Average Total

question 226

Multiple Choice

Table 14-12
The following table provides information on the price,quantity,and average total cost for a monopoly.

-Refer to Table 14-12.In order to maximize profits,the firm should produce

• A) 4 units of output.
• B) 8 units of output.
• C) 12 units of output.
• D) 16 units of output.

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