The figure below shows the cost and revenue curves faced by a monopolist. The profit-maximizing output and price for the monopolist are: Figure 9.1 $/Q $30 222 24 22 420 20 10 0 MC ATC I MR 50 100 150 200 117 AVC O 117 units and $14, respectively. O 150 units and $22, respectively. 150 units and $14, respectively. O 117 units and $22, respectively. O 117 units and $24. respectively. D Q

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