Multiple Choice
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 regulated and forced to charge a socially optimum price.What will be the 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:

Verified
Correct Answer:
Verified
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