The figure below shows the cost and revenue curves for a monopolist. The profit-maximizing output for this non-discriminating monopolist is:
Figure 9.5

A)0.
B)7 units.
C)10 units.
D)more than 10 units.
E)less than 7 units but more than 0.

Question

The figure below shows the cost and revenue curves for a monopolist. The profit-maximizing output for this non-discriminating monopolist is:​ ​
Figure 9.5
​

A)0. 
B)7 units. 
C)10 units. 
D)more than 10 units. 
E)less than 7 units but more than 0.

Quizplus · Accepted Answer

The Answer of The figure below shows the cost and revenue curves for a monopolist. The profit-maximizing output for this non-discriminating monopolist is:​ ​
Figure 9.5
​

A)0. 
B)7 units. 
C)10 units. 
D)more than 10 units. 
E)less than 7 units but more than 0.

The Figure Below Shows the Cost and Revenue Curves for a Monopolist