The Following Table Shows the Quantity Demanded of a Good

question 81

Multiple Choice

The following table shows the quantity demanded of a good at various prices for a monopoly firm.
Table 11-1 $$\begin{array} { | c | c | } \hline \text { Quantity } & \text { Price } \\\hline 1 & \$ 90 \\\hline 2 & \$ 80 \\\hline 3 & \$ 70 \\\hline 4 & \$ 60 \\\hline 5 & \$ 50 \\\hline 6 & \$ 40 \\\hline 7 & \$ 30 \\\hline 8 & \$ 20 \\\hline 9 & \$ 10 \\\hline\end{array}$$
-Refer to Table 11-1.If the marginal cost of producing each unit is $30,what is the firm's profit-maximizing level of output?

• A)3
• B)4
• C)5
• D)7

---

Definitions:

Feeding Tube

A medical device used to provide nutrition to patients who cannot obtain nutrition by mouth, are unable to swallow safely, or need nutritional supplementation.

Resuscitation

The act of reviving someone from unconsciousness or apparent death through measures such as artificial respiration or chest compressions.

Assistive Personnel

Workers who provide support services in healthcare settings, assisting with tasks to help care for clients or patients, often under the supervision of a licensed professional.

Safe Environment

A setting or conditions that minimize risk of harm or danger to individuals, emphasizing health, security, and well-being.