Use the following to answer questions :
Table 9-2
-The demand curve facing an imperfect competitor is given in Table 9-2.If the firm is able to produce at any output level, then the price and quantity which maximize total revenue are:
A)P = 9; q = 8.
B)P = 8; q = 12.
C)P = 7; q = 16.
D)P = 6; q = 20.
E)P = 5; q = 22.

Question

Use the following to answer questions :
Table 9-2 
-The demand curve facing an imperfect competitor is given in Table 9-2.If the firm is able to produce at any output level, then the price and quantity which maximize total revenue are:
A)P = 9; q = 8. 
B)P = 8; q = 12. 
C)P = 7; q = 16. 
D)P = 6; q = 20. 
E)P = 5; q = 22.

Quizplus · Accepted Answer

The Answer of Use the following to answer questions :
Table 9-2 
-The demand curve facing an imperfect competitor is given in Table 9-2.If the firm is able to produce at any output level, then the price and quantity which maximize total revenue are:
A)P = 9; q = 8. 
B)P = 8; q = 12. 
C)P = 7; q = 16. 
D)P = 6; q = 20. 
E)P = 5; q = 22.

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