Multiple Choice
Use the following figure to answer the question : Figure 11-6 : shows the profit-maximizing output of a monopolist who faces constant average and marginal costs.
-Refer to Figure 11-6.If the firm were operating in a perfectly competitive market,the equilibrium quantity would be _____.
A) OH
B) OQ''
C) OQ
D) OQ'
Correct Answer:

Verified
Correct Answer:
Verified
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