An unregulated monopolist could sell the first unit of output for $40.However,for each additional unit sold,the monopolist is forced to reduce the price by $2.
-Refer to the above information to answer this question.At what output will the monopolist maximize its total revenue?
A) 5.
B) 8.
C) 9.
D) 10.
E) 11.
Correct Answer:
Verified
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