-Consider the monopolist depicted in the figure above. The profit maximizing level of output for a single-price monopolist is
A) 7.
B) 11.
C) 13.
D) 22.

Name: -Consider the monopolist depicted in the figure above. The profit maximizing level of output for a single-price monopolist is A) 7. B) 11. C) 13. D) 22.
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Question

-Consider the monopolist depicted in the figure above. The profit maximizing level of output for a single-price monopolist is
A) 7. 
B) 11. 
C) 13. 
D) 22.

Quizplus · Accepted Answer

The profit-maximizing level of output for a single-price monopolist is where marginal revenue equals marginal cost. In the figure, this occurs at an output level of 7.

-Consider the Monopolist Depicted in the Figure Above