A profit-maximizing monopolist charges a price of $14. The intersection of the marginal revenue curve and the marginal cost curve occurs where output is 15 units and marginal cost is $7. What is the monopolist's profit?
A)$90
B)$105
C)$180
D)Not enough information is given to determine the answer.

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The Answer of A profit-maximizing monopolist charges a price of $14. The intersection of the marginal revenue curve and the marginal cost curve occurs where output is 15 units and marginal cost is $7. What is the monopolist's profit?
A)$90
B)$105
C)$180
D)Not enough information is given to determine the answer.

A Profit-Maximizing Monopolist Charges a Price of $14