Suppose a Monopolist Faces the Following Demand Curve

Multiple Choice

Suppose a monopolist faces the following demand curve. The monopolist maximizes its profits by:

A) charging $70 for each unit.
B) producing 35 units, since this is where total revenue is maximized.
C) producing the level of output at which marginal revenue minus marginal cost is greatest.
D) producing the level of output at which marginal revenue equals marginal cost.