The Following Figure Shows the Downward Sloping Demand and Marginal

question 19

Multiple Choice

The following figure shows the downward sloping demand and marginal revenue [MR] curves of a monopolist.The MR curve intersects the marginal cost [MC] curve at point B.MC is constant at the price level P₁.
Figure 12-1
-In Figure 12-1,if the monopolist cannot price discriminate it will produce:

• A)Q₂ and sell at price P₁.
• B)Q₂ and sell at price P₂.
• C)Q₁ and sell at price P₁.
• D)Q₁ and sell at price P₂.