26. Refer to the above data for a monopolist. This firm will maximize its profit by producing:
A. 3 units.
B. 4 units.
C. 5 units.
D. 6 units.
27. Refer to the above data for a nondiscriminating monopolist. At its profit-maximizing output, this firm's total profit will be:
A. $82.
B. zero.
C. $54.
D. $27
Refer to the above data for a monopolist. This fir
28. Refer to the above diagram. To maximize profits or minimize losses this firm should produce:
A. E units and charge price C.
B. E units and charge price A.
C. M units and charge price N.
D. L units and charge price LK.
29. Refer to the above diagram. At the profit-maximizing level of output, the firm will realize:
A. an economic profit of ABHJ.
B. an economic profit of ACGJ.
C. a loss of GH per unit.
D. a loss of JH per unit.
