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Table 6.1 -Given the Data in Table 6.1, What Would the Monopolist

Question 46

Multiple Choice

Table 6.1
Table 6.1 -Given the data in Table 6.1, what would the monopolist do if the marginal cost of producing his good were constant at 100 per unit? A) Produce 4 units and sell them for 100 each. B) Produce 5 units and sell them for 100 each. C) Produce 5 units and sell them for 160 each. D) Produce 6 units and sell them for 150 each.
-Given the data in Table 6.1, what would the monopolist do if the marginal cost of producing his good were constant at 100 per unit?

A) Produce 4 units and sell them for 100 each.
B) Produce 5 units and sell them for 100 each.
C) Produce 5 units and sell them for 160 each.
D) Produce 6 units and sell them for 150 each.

Correct Answer: