Answer Happy

Suppose the accompanying table describes the relationship between price and quantity demanded for a monopolist. Quantity 2 3 4 5 6 7 8 Price $ 10 9 8 7 6 5 4 3 If the marginal cost of producing each unit of output is $9.99, then this monopolist maximizes its profit by charging per unit.
Multiple Choice O O $1 $1.01 $10 $9.99