Table 15-16 A Monopolist Faces the Following Demand Curve

Multiple Choice

Table 15-16
A monopolist faces the following demand curve:
-Refer to Table 15-16. The monopolist has total fixed costs of $40 and a constant marginal cost of $5. At the profit-maximizing level of output, the monopolist's average total cost is

A) $9.00.
B) $7.50.
C) $6.74.
D) $5.82.