7 8.57 38.57 47.14 45 42 24 294.00 $ 6.00 7.50 40.63 48.13 55 37 8. 24 296.00 $ 2.00 43.33 50.00 65 33 9. 297.00 $ 1.00 9. 6.67 52.50 75 29 10 24 290.00 $ -7.00: 10 6.00 46.50 Instructions: Enter your answers as a whole number. b. What is the profit-maximizing price for this monopolist? What is the profit-maximizing output? units c. What is the monopolist's profit?
7 8.57 38.57 47.14 45 42 24 294.00 $ 6.00 7.50 40.63 48.13 55 37 8. 24 296.00 $ 2.00 43.33 50.00 65 33 9. 297.00 $ 1.00 9. 6.67 52.50 75 29 10 24 290.00 $ -7.00: 10 6.00 46.50 Instructions: Enter your answers as a whole number. b. What is the profit-maximizing price for this monopolist? What is the profit-maximizing output? units c. What is the monopolist's profit?
Chapter25: Monopoly
Section: Chapter Questions
Problem 14E
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