Consider the following: The profit-maximizing price charged for goods produced is $19.The intersection of the marginal-revenue and marginal-cost curves occurs where output is 12 units and marginal cost is $9.Average total cost for 12 units of output is $7.What is the monopolist's profit under these conditions
A)$24
B)$80
C)$108
D)$144

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The Answer of Consider the following: The profit-maximizing price charged for goods produced is $19.The intersection of the marginal-revenue and marginal-cost curves occurs where output is 12 units and marginal cost is $9.Average total cost for 12 units of output is $7.What is the monopolist's profit under these conditions
A)$24
B)$80
C)$108
D)$144

Consider the Following: the Profit-Maximizing Price Charged for Goods Produced