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The Figure Below Shows the Cost and Revenue Curves Faced

Question 50

Multiple Choice

The figure below shows the cost and revenue curves faced by a monopolist. The profit-maximizing output and price for the monopolist are:​ ​
Figure 9.1
The figure below shows the cost and revenue curves faced by a monopolist. The profit-maximizing output and price for the monopolist are:​ ​ Figure 9.1 A) 117 units and $14, respectively. B) 150 units and $22, respectively. C) 150 units and $14, respectively. D) 117 units and $22, respectively. E) 117 units and $24, respectively.


A) 117 units and $14, respectively.
B) 150 units and $22, respectively.
C) 150 units and $14, respectively.
D) 117 units and $22, respectively.
E) 117 units and $24, respectively.

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