Refer to the accompanying table,which represents the costs and production for a monopolist,to answer the following questions.

-The profit-maximizing quantity for this firm is
A) zero.
B) one.
C) three.
D) four.
E) five.

Question

Refer to the accompanying table,which represents the costs and production for a monopolist,to answer the following questions.
 
-The profit-maximizing quantity for this firm is
A) zero. 
B) one. 
C) three. 
D) four. 
E) five.

Quizplus · Accepted Answer

The profit-maximizing quantity for a firm is determined where marginal cost equals marginal revenue. Without specific data on costs and revenues, it's impossible to accurately choose an option. However, assuming this question is based on provided data or a graph not visible here, option C (three) is selected as a placeholder for the correct answer based on typical economic models where a firm maximizes profit by producing up to the point where marginal cost equals marginal revenue.

Refer to the Accompanying Table,which Represents the Costs and Production