The optimal level of output and price for the profit-maximizing monopolist in the following figure would be:
A) Q = 30 and P = $35.
B) Q = 60 and P = $20.
C) Q = 30 and P = $20.
D) Q = 100 and P = $35.
E) none of the above.

Question

The optimal level of output and price for the profit-maximizing monopolist in the following figure would be: 
A) Q = 30 and P = $35. 
B) Q = 60 and P = $20. 
C) Q = 30 and P = $20. 
D) Q = 100 and P = $35. 
E) none of the above.

Quizplus · Accepted Answer

The Answer of The optimal level of output and price for the profit-maximizing monopolist in the following figure would be: 
A) Q = 30 and P = $35. 
B) Q = 60 and P = $20. 
C) Q = 30 and P = $20. 
D) Q = 100 and P = $35. 
E) none of the above.

The Optimal Level of Output and Price for the Profit-Maximizing