Figure 9.7 
-Refer to Figure 9.7.Use the figure above to answer the following questions.
a.What is the profit-maximising quantity and what price will the monopolist charge?
b.What is the total revenue at the profit-maximising output level?
c.What is the total cost at the profit-maximising output level?
d.What is the profit?
e.What is the profit per unit (average profit)at the profit-maximising output level?
f.If this industry was organised as a perfectly competitive industry, what would be the profit-maximising price and quantity?
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Definitions:
Gonorrhea
A sexually transmitted disease caused by the bacterium Neisseria gonorrhoeae, leading to infections in the genitals, rectum, and throat.
Men
Adult human males, often referred to in contexts related to gender differences, social roles, or health issues.
Symptoms
Signs or indicators of a condition or disease that are experienced by an individual, often leading to a diagnosis.
Biological Sexism
Discrimination or prejudice based on biological differences between males and females.
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