Exhibit 9-9 Assuming the Firm Should Not Shut Down

Multiple Choice

Exhibit 9-9 Assuming the firm should not shut down, the profit-maximizing price and quantity for the monopolist in Exhibit 9-9, which does not price discriminate, are

A) P = $4 and Q = 7
B) P = $3.50 and Q = 10
C) P = $2 and Q = 7
D) P = $1 and Q = 7
E) P = $1 and Q = 10