Exhibit 9-5 Demand and cost data for a monopolist

By calculating the data provided in Exhibit 9-5, how much is the profit if the firm decides to produce 7 units?
A) 0.
B) 24.
C) 16.
D) 12.

Question

Exhibit 9-5 Demand and cost data for a monopolist

By calculating the data provided in Exhibit 9-5, how much is the profit if the firm decides to produce 7 units?
A) 0. 
B) 24. 
C) 16. 
D) 12.

Quizplus · Accepted Answer

The Answer of Exhibit 9-5 Demand and cost data for a monopolist

By calculating the data provided in Exhibit 9-5, how much is the profit if the firm decides to produce 7 units?
A) 0. 
B) 24. 
C) 16. 
D) 12.

Exhibit 9-5 Demand and Cost Data for a Monopolist