-Refer to the Above Graph to Answer This Question

question 131

Multiple Choice

-Refer to the above graph to answer this question.Suppose that the graph represents a monopolist.What is the profit maximizing price and output?

• A)$10 and 50.
• B)$12 and 40.
• C)$12 and 100.
• D)$14 and 30.
• E)Cannot be determined.

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