Answer Happy

Posted: **Fri Jul 01, 2022 7:54 am**

: Figure 15 7 30 23 20 15 12 109 0 Price 9 12 15 Mr Mc Atc D Quantity 1 (138.7 KiB) Viewed 20 times

Refer to Figure 15-7. In order to maximize profits, themonopolist should charge a price ofa. $9.b. $12.c. $20.d. $23.
Refer to Figure 15-7. A profit-maximizing monopolist would earnprofits ofa. $96.b. $117.c. $120.d. $126.
(PLEASE EXPLAIN / SHOW WORK)
Figure 15-7 30 23 20 15 12 109 0 Price 9 12 15 \MR MC ATC D Quantity