D Question 22 Exhibit 9-4: A Monopoly Quantity Total Fixed Total Variable Price Demanded Cost Cost $100 0 $30 $0 90 8828 1 $30 20 80 2 $30 48 70 3 $30 78 60 4 $30 110 d 50 5 $30 150 Refer to Exhibit 9-4. At an output level of 3 units, the monopolist earns a total profits of about $102.00 O $100.00 O $70.00 O $82.00 3p