Suppose a Private Monopolist Is Supplying a Good That Is

Multiple Choice

Suppose a private monopolist is supplying a good that is nonrival but excludable. The market demand for the good is P = 24 - 3Q. If the marginal cost of providing this good is zero, but the firm charges $18, then the monopolist will provide ________ units, and the efficient number of units is ________.

A) 2; 8
B) 6; 8
C) 2; 2
D) 4; 2