Multiple Choice
Figure 11-7
The firm in Figure 11-7 is an unregulated monopolist; it will produce which of the following?
A) 175 units at a price of 7
B) 100 units at a price of 6
C) 100 units at a price of 9
D) 150 units at a price of about 7.5
Correct Answer:
Verified
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A)both monopolists and perfectly