Multiple Choice
The following figure shows the marginal revenue (MR) and demand curves faced by a monopolist.
-Refer to the figure above.If the monopolist faces a constant marginal cost of $2,what is the optimal quantity that it should produce?
A) 20 units
B) 40 units
C) 45 units
D) 80 units
Correct Answer:
Verified
Correct Answer:
Verified
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