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Price M C $11.50 A C 69.0 0 $8.00 $5 450 D 30 0 1000 140 0 1600 Quantity 2. Refer to the graph above.
Price M C $11.50 A C 69.0 0 $8.00 $5 450 D 30 0 1000 140 0 1600 Quantity 2. Refer to the graph above. If this monopolist were allowed to choose the profit-maximizing level of output, it would produce _ and charge price of and create DWL of _ , If the monopolist become regulated by government agency, the price of and output units would eliminate the reduction in market efficiency. A) 1000 units of output; $5.50; $3,000; $11.50; 1,000 B) 1600 units of output; $8; $2,500; $5.50; 1,000 C) 1400 units of output; $9.00; $3,600 $; $8; 1,400 D) 1000 units of output; $11.50; $2,400; $9; 1400
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