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Answer the Question on the Basis of the Provided Demand \quad

Question 42

Multiple Choice

Answer the question on the basis of the provided demand and cost data for a pure monopolist. \quad \quad \quad \quad  Cost Data \text { Cost Data } \quad \quad \quad  Demand Data \text { Demand Data }
 Price  Quartity  Dernarded  Output  Total Cost 55.5033$5.015.84446.014.50556.503.85667.503.35779.012.908811.812.509914.81\begin{array} { | c | c | c | c| } \hline \text { Price } & \begin{array} { c } \text { Quartity } \\\text { Dernarded }\end{array} & \text { Output } & \text { Total Cost } \\\hline 55.50 & 3 & 3 & \$ 5.01 \\\hline 5.84 & 4 & 4 & 6.01 \\\hline 4.50 & 5 & 5 & 6.50 \\\hline 3.85 & 6 & 6 & 7.50 \\\hline 3.35 & 7 & 7 & 9.01 \\\hline 2.90 & 8 & 8 & 11.81 \\\hline 2.50 & 9 & 9 & 14.81 \\\hline\end{array} The profit-maximizing level of output will be


A) 4 units.
B) 7 units.
C) 6 units.
D) 5 units.

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