Table 15-9 Consider the Following Demand and Cost Information for a Monopoly

question 542

Multiple Choice

Table 15-9
Consider the following demand and cost information for a monopoly.
-Refer to Table 15-9. What is the monopolist's average total cost of production at the profit-maximizing price?

• A)$12
• B)$14
• C)$16
• D)$17

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