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(Figure: Monopoly Market) a Monopolist Faces the Market Demand and Marginal

Question 74

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(Figure: Monopoly Market) A monopolist faces the market demand and marginal revenue curves in the graph. It has marginal cost of $20. To maximize profit, this monopolist should produce _____ units and charge a price of _____.
(Figure: Monopoly Market)  A monopolist faces the market demand and marginal revenue curves in the graph. It has marginal cost of $20. To maximize profit, this monopolist should produce _____ units and charge a price of _____.   A)  20; $40 B)  40; $20 C)  25; $50 D)  20; $60


A) 20; $40
B) 40; $20
C) 25; $50
D) 20; $60

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