Question: P MC ATC PRICE C - --- MR D T W Z QUANTITY Refer to Figure 15-4. write in the boxes only letters based on


P MC ATC PRICE C - --- MR D T W Z QUANTITY Refer to Figure 15-4. write in the boxes only letters based on the graph (A, B, C, J, K, L, I, W, Z) What price will the monopolist charge in order to maximize profit? J (write one of these: A, B, C, J, K, L) How much output will the monopolist produce in order to maximize profit? Z (write one of these: I, W, Z) Question 6 0.75 pts Refer to the Figure in the above question. What area measures the monopolist's profit? O ( K - C) x W O (L - A) * T O ( K - B) x W O 0.5[(K - C) x (Z -T)]
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