Table 96 -Refer to Table 9

question 164

Multiple Choice

Table 9.6
$$\begin{array} { | c | c | c | } \hline \text { Price } ( \$ ) & \text { Quantity } & \text { Total Cost (\$) } \\\hline 16.00 & 0 & 5.00 \\\hline 15.00 & 1 & 7.00 \\\hline 14.00 & 2 & 8.80 \\\hline 13.00 & 3 & 10.40 \\\hline 12.00 & 4 & 12.20 \\\hline 11.00 & 5 & 14.20 \\\hline 10.00 & 6 & 16.40 \\\hline 9.00 & 7 & 18.80 \\\hline 8 & 8 & 21.40 \\\hline 7 & 9 & 24.20 \\\hline\end{array}$$
-Refer to Table 9.6,which shows the demand schedule faced by a monopolist and the total cost incurred by it in producing each output level.The maximum profit earned by the monopolist is _____

• A)$5.00.
• B)$40.80.
• C)$43.60.
• D)$44.20.
• E)$42.60.

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