-The above table gives the demand schedule for a single-price monopoly.If the marginal cost is $3,the profit maximizing output for the monopoly will be between
A) 1 to 2 units.
B) 2 to 3 units.
C) 3 to 4 units.
D) 4 to 5 units.
E) Exactly 5 units.

Question

-The above table gives the demand schedule for a single-price monopoly.If the marginal cost is $3,the profit maximizing output for the monopoly will be between
A) 1 to 2 units. 
B) 2 to 3 units. 
C) 3 to 4 units. 
D) 4 to 5 units. 
E) Exactly 5 units.

Quizplus · Accepted Answer

The Answer of 
-The above table gives the demand schedule for a single-price monopoly.If the marginal cost is $3,the profit maximizing output for the monopoly will be between
A) 1 to 2 units. 
B) 2 to 3 units. 
C) 3 to 4 units. 
D) 4 to 5 units. 
E) Exactly 5 units.

-The Above Table Gives the Demand Schedule for a Single-Price