Question: Price (dollars per unit) MC . ..... ... ....OC VO- . .... C ..... O.. A . ....... . . . . ............ -....... D

Price (dollars per unit) MC . ..... ... ....OC VO- . .... C ..... O.. A . ....... . . . . ............ -....... D O 7 10\\13 20 MR Quantity 20. Consider the monopolist depicted in the figure above. The profit maximizing level of output for a single-price monopolist is a) 7 . b) 11. C) 13. d) 22. 21. Consider the monopolist depicted in the figure above. When it maximizes its profit, a single- price monopolist sets a price of per unit. a) $4 b) $7 c) $9 d) $11

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