The following graph gives cost and revenue data for a monopolist:
-Refer to the above graph to answer this question.If the monopolist is unregulated and wishes to maximize its total revenue,what will be its price and output?
A) $0 and 80.
B) $10 and 70.
C) $10 and 140.
D) $40 and 80.
E) $45 and 70.
Correct Answer:
Verified
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