The Table Given Below Shows the Prices Charged and Marginal

question 42

Multiple Choice

The table given below shows the prices charged and marginal cost incurred by a monopolist for different units of output.Table 11.3

-What is the profit-maximizing output level for the monopoly firm described in Table 11.3, if the firm is earning a positive economic profit?

• A)1 unit
• B)3 units
• C)5 units
• D)8 units
• E)9 units

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Definitions:

Calcium Chloride

A chemical compound used in various applications, including as a de-icing agent, in food preservation, and in laboratory settings to provide a source of calcium ions.

Extra Electrons

Additional electrons that surpass the baseline number expected in an atom or molecule, often leading to negative charge and chemical reactivity.

Outermost Shell

Refers to the outermost layer of electrons surrounding an atomic nucleus.

Atomic Number

The atomic number is the number of protons found in the nucleus of an atom, determining the chemical properties of the element and its place in the periodic table.