Multiple Choice
The table given below shows the price,marginal revenue and marginal cost of a monopolist at different levels of the output.The firm does not incur a fixed cost of production. Table 10.4
- Refer to Table 10.4.Assuming that the monopolist is maximizing profits,the price the monopolist will charge is _____.
A) $13.
B) $14.
C) $12.
D) $16.
E) $15.
Correct Answer:

Verified
Correct Answer:
Verified
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