Answer the question on the basis of the provided demand and cost data for a pure monopolist. Demand Data Cost Data PriceQuantity Output Total Cost Demanded $5.00 6.00 6.50 7.50 9.00 11.00 14.00 $5.50 5.00 4.50 3.85 3.35 2.90 2.50 The profit-maximizing monopolist will realizea Multiple Choice profit of $7.50. loss of $14. profit of $8.50. profit of $16