If this firm were a profit-maximizing monopolist, the price and output would be which of the following?
A.
0 a and \(Q 1\)
B.
0 c and \(Q 1\)
C.
0 e and \(Q 1\)
D.
0 e and \(Q 2\)
E.
0 f and \(Q 1\)
Exam No： AP Micro Practice Test 4 Year：2024 Question No：APMicroeconomics2024AP0231
Answer:
E
Knowledge points:
3.5 Profit Maximization
4.1 Introduction to Imperfectly Competitive Markets
4.2 Monopoly
Solution:
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