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A monopolist faces the following demand curve: Quantity Price 1 $15 2 $12 3 $9 4 $6 5 $3 Suppose the monopolist has total fixed

A monopolist faces the following demand curve:

Quantity

Price

1

$15

2

$12

3

$9

4

$6

5

$3

Suppose the monopolist has total fixed costs equal to $5 and a variable cost equal to $4 per unit for all units produced. What is the total profit if she operates at her profit-maximizing price?

$11

$7

$1

$9

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