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The Accompanying Figure Shows the Demand Curve, Marginal Revenue Curve

Question 74

Multiple Choice

The accompanying figure shows the demand curve, marginal revenue curve, marginal cost curve and average total cost curve for a monopolist. The accompanying figure shows the demand curve, marginal revenue curve, marginal cost curve and average total cost curve for a monopolist. This monopolist maximizes its profit by producing ________ units per day and charging a price of ________ per unit. A) 4; $6 B) 8; $6 C) 4; $18 D) 8; $14 This monopolist maximizes its profit by producing ________ units per day and charging a price of ________ per unit.


A) 4; $6
B) 8; $6
C) 4; $18
D) 8; $14

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