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Use the Figure Below to Answer the Following Questions

Question 50

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 12.2.2 -When the single-price monopoly illustrated in Figure 12.2.2 is maximizing profit,it produces A) 3 units and price is $3 a unit. B) 3 units and price is $6 a unit. C) 4 units and price is $4 a unit. D) 4 units and price is $5 a unit. E) 5 units and price is $4 a unit. Figure 12.2.2
-When the single-price monopoly illustrated in Figure 12.2.2 is maximizing profit,it produces


A) 3 units and price is $3 a unit.
B) 3 units and price is $6 a unit.
C) 4 units and price is $4 a unit.
D) 4 units and price is $5 a unit.
E) 5 units and price is $4 a unit.

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