Figure 15-3 
Figure 15-3 shows the cost and demand curves for a monopolist.
-Refer to Figure 15-3.The profit-maximizing output and price for the monopolist are
A) output = 62; price = $24.
B) output = 62; price = $18.
C) output = 83; price = $22.
D) output = 104; price = $20.80.
Correct Answer:
Verified
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