The Following Figure Shows the Revenue and Cost Curves of a Monopolist.Figure

Multiple Choice

The following figure shows the revenue and cost curves of a monopolist.Figure 11.3
D: Average Revenue
MR: Marginal Revenue
ATC: Average Total Cost
MC: marginal Cost
-Consider the monopolist described in Figure 11.3. The firm can maximize profit by producing:

A) zero units.
B) Q₁ units.
C) Q₂ units.
D) Q₃ units.
E) Q₄ units.