Use the Figure to Answer the Following Question(s)

Multiple Choice

Use the figure to answer the following question(s) .
Figure 11-3

The cost and demand conditions for a monopolist are depicted in Figure 11-3. If the monopolist is maximizing profit, it will charge a price of

A) $10 and produce an output of 20,000.
B) $20 and produce an output of 10,000.
C) $20 and produce an output of 20,000.
D) more than $20.