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The Following Table Gives the Cost and Demand Data for a Monopolist

Question 24

Multiple Choice

The following table gives the cost and demand data for a monopolist:
The following table gives the cost and demand data for a monopolist:    -Refer to the above information to answer this question.Suppose that the monopolist is unregulated.What will be the profit-maximizing price and output? A) $85 and 4. B) $80 and 5. C) $75 and 6. D) $70 and 4. E) $65 and 8.
-Refer to the above information to answer this question.Suppose that the monopolist is unregulated.What will be the profit-maximizing price and output?


A) $85 and 4.
B) $80 and 5.
C) $75 and 6.
D) $70 and 4.
E) $65 and 8.

Correct Answer:

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