Multiple Choice
Figure 11-16
-Refer to Figure 11-16. To maximize its profit, a monopolist would choose which of the following outcomes?
A) 100 units of output and a price of $10 per unit
B) 100 units of output and a price of $20 per unit
C) 150 units of output and a price of $15 per unit
D) 200 units of output and a price of $20 per unit
Correct Answer:

Verified
Correct Answer:
Verified
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