-The unregulated, single-price monopolist illustrated in the figure above will produce
A) 0 units per day.
B) 4 units per day.
C) 6 units per day.
D) 9 units per day.

Question

-The unregulated, single-price monopolist illustrated in the figure above will produce
A) 0 units per day. 
B) 4 units per day. 
C) 6 units per day. 
D) 9 units per day.

Quizplus · Accepted Answer

The unregulated, single-price monopolist will produce at the point where marginal cost equals marginal revenue. In the figure, this occurs at a quantity of 4 units per day.

-The Unregulated, Single-Price Monopolist Illustrated in the Figure Above Will