(Figure: Monopoly Pricing and Output Decisions) Based on the graph, what is the equilibrium output for this monopolist?

A) 5 units
B) 12 units
C) 16 units
D) 20 units

Question

(Figure: Monopoly Pricing and Output Decisions) Based on the graph, what is the equilibrium output for this monopolist?

A) 5 units 
B) 12 units 
C) 16 units 
D) 20 units

Quizplus · Accepted Answer

The Answer of (Figure: Monopoly Pricing and Output Decisions) Based on the graph, what is the equilibrium output for this monopolist?

A) 5 units 
B) 12 units 
C) 16 units 
D) 20 units

(Figure: Monopoly Pricing and Output Decisions) Based on the Graph