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The Following Graph Gives Cost and Revenue Data for a Monopolist

Question 11

Multiple Choice

The following graph gives cost and revenue data for a monopolist:
The following graph gives cost and revenue data for a monopolist:    -Refer to the above graph to answer this question.If the monopolist is unregulated and wishes to maximize its total profit,what will be its price and output? A) $0 and 80. B) $10 and 70. C) $10 and 140. D) $40 and 80. E) $45 and 70.
-Refer to the above graph to answer this question.If the monopolist is unregulated and wishes to maximize its total profit,what will be its price and output?


A) $0 and 80.
B) $10 and 70.
C) $10 and 140.
D) $40 and 80.
E) $45 and 70.

Correct Answer:

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