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Answer the Question on the Basis of the Accompanying Table

Question 27

Multiple Choice

Answer the question on the basis of the accompanying table, which shows the demand schedule facing a nondiscriminating monopolist. PQd$10172533415\begin{array}{|c|c|}\hline \mathrm{P} & \mathrm{Qd} \\\hline \$ 10 & 1 \\\hline 7 & 2 \\\hline 5 & 3 \\\hline 3 & 4 \\\hline 1 & 5 \\\hline\end{array} The monopolist will select its profit-maximizing level of output somewhere within the


A) 3-5 unit range of output.
B) 1-3 unit range of output.
C) 1-4 unit range of output.
D) 2-4 unit range of output.

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