-Refer to Figure 10.11 to answer this question.Suppose this graph depicts a monopoly industry.What will be the profit-maximizing price and output respectively?
A)$40 and 15.
B)$40 and 30.
C)$60 and 20.
D)$60 and 25.
E)$70 and 15.

Question

-Refer to Figure 10.11 to answer this question.Suppose this graph depicts a monopoly industry.What will be the profit-maximizing price and output respectively?
A)$40 and 15. 
B)$40 and 30. 
C)$60 and 20. 
D)$60 and 25. 
E)$70 and 15.

Quizplus · Accepted Answer

The Answer of 
-Refer to Figure 10.11 to answer this question.Suppose this graph depicts a monopoly industry.What will be the profit-maximizing price and output respectively?
A)$40 and 15. 
B)$40 and 30. 
C)$60 and 20. 
D)$60 and 25. 
E)$70 and 15.