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Price per Quantity per Day (cases) Total Cost Case 1 $16 $7.00 2 15 9.50 3 14 11.00 4. 13 12.00 5 12 14.50 6
Price per Quantity per Day (cases) Total Cost Case 1 $16 $7.00 2 15 9.50 3 14 11.00 4. 13 12.00 5 12 14.50 6 11 17.50 7 10 21.00 8 9 25.00 9 8 30.00 10 7 35.50 The government of a small developing country has granted exclusive rights to Linden Enterprises for the production of plastic syringes. Table 15-2 shows the cost and demand data for this government-protected monopolist. Refer to Table 15-2. What is the profit-maximizing quantity and price for the monopolist? O Quantity = 7 cases, Price = $10 O Quantity = 9 cases, Price = $8 O Quantity = 10 cases, Price = $7 O Quantity = 8 cases, Price = $9
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