P (dollars) 200 MC 128 80 56 20 MR D Q (units) 72 120 Consider the following diagram illustrating a monopolist's marginal revenue curve, marginal cost curve and the demand curve for the good/service. Assume the market were perfectly competitive. In this case, the quantity of output would be _ and the price of output would be O 120 units; $20 120 units; $56 72; $80 none of the above

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