The Following Graph Depicts the Costs and Revenues for an Unregulated

question 58

Multiple Choice

The following graph depicts the costs and revenues for an unregulated monopolist:

-Refer to the graph above to answer this question.What is the monopolist's profit-maximizing price and output?

• A)$50 and 800.
• B)$40 and 600.
• C)$60 and 800.
• D)$70 and 600.
• E)$75 and 450.