26. refer to the above data for a monopolist. this firm will maximize its profit by producing:
a. 3 units.
b. 4 units.
c. 5 units.
d. 6 units.
27. refer to the above data for a nondiscriminating monopolist. at its profit-maximizing output, this firm's total profit will be:
a. $82.
b. zero.
c. $54.
d. $27
refer to the above data for a monopolist. this fir
28. refer to the above diagram. to maximize profits or minimize losses this firm should produce:
a. e units and charge price c.
b. e units and charge price a.
c. m units and charge price n.
d. l units and charge price lk.
29. refer to the above diagram. at the profit-maximizing level of output, the firm will realize:
a. an economic profit of abhj.
b. an economic profit of acgj.
c. a loss of gh per unit.
d. a loss of jh per unit.
Answers: 3
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26. refer to the above data for a monopolist. this firm will maximize its profit by producing:
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