(Table: Profit-Maximizing Monopolist) Refer to the table. When this monopolist sells 8 units, its average cost and marginal cost per unit levels are: Price ($) Quantity (Units) Total Cost ($) Average Cost ($) Average Revenue ($) Marginal Cost ($) Marginal Revenue ($) 11  6  17          10  7  19          9  8  21          8  9  23          7  10  25              $2.63 and $2, respectively.   $2.63 and $4, respectively.   $2.56 and $4, respectively.   $2.56 and $2, respectively.

Question
(Table: Profit-Maximizing Monopolist) Refer to the table. When this monopolist sells 8 units, its average cost and marginal cost per unit levels are:

Price ($) Quantity (Units) Total Cost ($) Average Cost ($) Average Revenue ($) Marginal Cost ($) Marginal Revenue ($)
11  17         
10  19         
21         
23         
10  25         
 
  $2.63 and $2, respectively.
  $2.63 and $4, respectively.
  $2.56 and $4, respectively.
  $2.56 and $2, respectively.

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