Costs and revenue per case 22 16 14 13 12 10 A) 22 and $12 T711 6432O 22 24 30 38 MC 22 and $10 C) 22 and $16 D) 22 and $13 MR ATC Demand Figure 1 shows cost and demand curves for a monopolist seller of iced-tea. The monopolist's profit-maximizing output and price are. Quantity (cases)

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Costs and
revenue
per case
22
16
14
13
12
A) 22 and $12-
T111
64320
11
22 24 30 38
MC
22 and $10 C) 22 and $16 D) 22 and $13
MR
ATC
Demand
Figure 1 shows cost and demand curves for a monopolist seller of iced-tea. The monopolist's profit-maximizing output
and price are.
Quantity
(cases)
Transcribed Image Text:Costs and revenue per case 22 16 14 13 12 A) 22 and $12- T111 64320 11 22 24 30 38 MC 22 and $10 C) 22 and $16 D) 22 and $13 MR ATC Demand Figure 1 shows cost and demand curves for a monopolist seller of iced-tea. The monopolist's profit-maximizing output and price are. Quantity (cases)
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