-Refer to the Above Figure $P _ { 1 }$ And Output Of

question 170

Multiple Choice

-Refer to the above figure.The profit-maximizing price and output for this monopolist are

• A)a price of \(P _ { 1 }\) and output of \(\mathrm { Q } _ { 1 }\) .
• B)a price of \(\mathrm { P } _ { 4 }\) and output of \(\mathrm { O } _ { 1 }\) .
• C)a price of \(P _ { 2 }\) and output of \(\mathrm { Q } _ { 2 }\) .
• D)a price of \(\mathrm { P } _ { 3 }\) and output of \(\mathrm { Q } _ { 3 }\) .

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