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

question 188

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.If the firm produces the profit-maximizing level of output,it will earn profits of

• A) $24.
• B) $18.
• C) $15.
• D) $12.

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