Table 14-8
The following table provides information on the price,quantity,and average total cost for a monopoly.

-Refer to Table 14-8.At what price will the monopolist maximize his profit?
A) $6
B) $12
C) $18
D) $24

Question

Table 14-8
The following table provides information on the price,quantity,and average total cost for a monopoly.
 
-Refer to Table 14-8.At what price will the monopolist maximize his profit?
A) $6 
B) $12 
C) $18 
D) $24

Quizplus · Accepted Answer

The Answer of Table 14-8
The following table provides information on the price,quantity,and average total cost for a monopoly.
 
-Refer to Table 14-8.At what price will the monopolist maximize his profit?
A) $6 
B) $12 
C) $18 
D) $24

Table 14-8 The Following Table Provides Information on the Price,quantity,and Average Total