[Solved] The Following Table Gives the Cost and Demand Data for a Particular

Question 57
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The following table gives the cost and demand data for a particular market.
-Refer to the above information to answer this question.Suppose that the data describes a monopoly industry.What will be the monopoly price and output?

A)$11.5 and 4.
B)$10 and 5.
C)$8.5 and 6.
D)$7 and 7.
E)$5.5 and 8.

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