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Table 95 -Refer to Table 9

Question 76

Multiple Choice

Table 9.5
 Quantity  Price ($)  Total Cost ($)  010101912281937234631554664697399\begin{array} { c c c } \text { Quantity } & \text { Price } ( \$ ) & \text { Total Cost (\$) } \\0 & 10 & 10 \\1 & 9 & 12 \\2 & 8 & 19 \\3 & 7 & 23 \\4 & 6 & 31 \\5 & 5 & 46 \\6 & 4 & 69 \\7 & 3 & 99\end{array}
-Refer to Table 9.5.The loss-minimizing output for a non-discriminating monopolist is _____


A) 0 units.
B) 2 units.
C) 3 units.
D) 4 units.
E) 5 units.

Correct Answer:

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