The Following Figure Shows the Downward-Sloping Demand Curve [D] and Marginal

question 101

Multiple Choice

The following figure shows the downward-sloping demand curve [D] and marginal revenue [MR] curve and the upward-sloping marginal cost [MC] curve for a monopolist.
Figure 11-1
-Refer to Figure 11-1.An unregulated monopolist will sell _____ units of output at a price of_____ to maximize profit.

• A)OJ and OW
• B)OK and OC
• C)OJ and OB
• D)OL and OZ

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