Suppose That the Profit Maximizing Level of Output for the Monopolist

question 333

Multiple Choice

Suppose that the profit maximizing level of output for the monopolist is 100 units, and ATC = $45.00; MC = $35.00; MR = $35.00; P = $45.00. What is the monopoly's profit?

• A) -$1000
• B) $4500
• C) $0
• D) $3500

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