Question: Hello, can you help me answer question 11 please? 10. (Figure 59-2: Cost Curves and Profits) In the figure, if the market price is $14,

Hello, can you help me answer question 11 please?

10. (Figure 59-2: Cost Curves and Profits) In the figure, if the market price is $14, the profit-maximizing quantity of output is: a. 2. b. 3. ? ? C. 4. Equilibrium come back d. 5. e. 0. 1 1. When a single-price monopolist sells output along a demand curve that is downward-sloping, we know that: a. P = MR. b. P> MR. ? ? C . P

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