The Following Table Gives the Cost and Demand Data for a Monopolist

question 24

Multiple Choice

The following table gives the cost and demand data for a monopolist:

-Refer to the above information to answer this question.Suppose that the monopolist is unregulated.What will be the profit-maximizing price and output?

• A)$85 and 4.
• B)$80 and 5.
• C)$75 and 6.
• D)$70 and 4.
• E)$65 and 8.

---

Definitions:

Centrality

The importance or influence of a node within a network, or of an individual within a social or organizational structure.

Substitutability

The extent to which one good or service can be replaced with another, indicating the ease with which products can serve as substitutes for each other.

Revenue Source

The origin or means through which an organization generates income, such as sales, subscriptions, or advertising.

Contingency

A concept in management and organization theory that suggests there is no one best way to make decisions or organize a corporation, but rather that the best course of action depends on the specific internal and external situation.