Table 15-5

-Refer to Table 15-5.If the monopolist faces a constant marginal cost of $2,how much output should the firm produce?
A) 3 units
B) 4 units
C) 5 units
D) 6 units

Name: Table 15-5 -Refer to Table 15-5.If the monopolist faces a constant marginal cost of $2,how much output should the firm produce? A) 3 units B) 4 units C) 5 units D) 6 units
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Question

Table 15-5
 
-Refer to Table 15-5.If the monopolist faces a constant marginal cost of $2,how much output should the firm produce?
A) 3 units 
B) 4 units 
C) 5 units 
D) 6 units

Quizplus · Accepted Answer

The monopolist should produce 4 units of output because at this quantity, marginal revenue equals marginal cost.

Table 15-5 -Refer to Table 15-5.If the Monopolist Faces a Constant Marginal