The Table Given Below Shows the Price, Marginal Revenue and Marginal

The table given below shows the price, marginal revenue and marginal cost of a monopolist at different levels of the output.The firm does not incur a fixed cost of production. Table 24.5
Refer to Table 24.5.Assuming that the monopolist is maximizing profits, the price the monopolist will charge is _____.

A) $13.
B) $14.
C) $12.
D) $16.
E) $15.

Correct Answer:

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