Question 13 4 PB (4 pts) In order for a monopolist to sell a quantity of 12 units, the price must be $6. Marginal revenue at this quantity will be: 0 >236 and 512 Question 14 1 pts {1 pt} Which of the following is a correct statement? 0 The lower the marginal cost. the higher the prot-maximizing price. 0 The lower the average cost, the higher the prot-maximizing price. 0 The more Inelastic the demand, the higher the prot-maximizing markup. O The more elastic the demand. the higher the prot-maximizing markup