Table 9.7
$$\begin{array} { | c | c | c | }
\hline \text { Quantity } & \text { Price } ( \$ ) & \text { Total Cost } ( \$ ) \
\hline 1 & 36 & 20 \
\hline 2 & 32 & 32 \
\hline 3 & 28 & 50 \
\hline 4 & 24 & 80 \
\hline 5 & 20 & 120 \
\hline
\end{array}$$
-Refer to Table 9.7,which shows the price and output combinations at different output levels for a non-price discriminating monopolist.The profit-maximizing price charged by this monopolist is _____
A)$36.
B)$32.
C)$28.
D)$24.
E)$20.

Question

Table 9.7
 $$\begin{array} { | c | c | c | } 
\hline \text { Quantity } & \text { Price } ( \$ ) & \text { Total Cost } ( \$ ) \
\hline 1 & 36 & 20 \
\hline 2 & 32 & 32 \
\hline 3 & 28 & 50 \
\hline 4 & 24 & 80 \
\hline 5 & 20 & 120 \
\hline
\end{array}$$
-Refer to Table 9.7,which shows the price and output combinations at different output levels for a non-price discriminating monopolist.The profit-maximizing price charged by this monopolist is _____
A)$36.
B)$32.
C)$28.
D)$24.
E)$20.

Quizplus · Accepted Answer

The Answer of Table 9.7
 $$\begin{array} { | c | c | c | } 
\hline \text { Quantity } & \text { Price } ( \$ ) & \text { Total Cost } ( \$ ) \
\hline 1 & 36 & 20 \
\hline 2 & 32 & 32 \
\hline 3 & 28 & 50 \
\hline 4 & 24 & 80 \
\hline 5 & 20 & 120 \
\hline
\end{array}$$
-Refer to Table 9.7,which shows the price and output combinations at different output levels for a non-price discriminating monopolist.The profit-maximizing price charged by this monopolist is _____
A)$36.
B)$32.
C)$28.
D)$24.
E)$20.

Table 97 -Refer to Table 9