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Table 15-13 The following table gives information on the price, quantity, and total cost of prod istion for a monopolist. Price Output Total Cost $5

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Table 15-13 The following table gives information on the price, quantity, and total cost of prod istion for a monopolist. Price Output Total Cost $5 0 $3 $4 $3 1 v 15 $1 20 25 3, 8 9. Refer to Table 5-13. If the monopolist maximizes profits, he will charge a price of a $4. b. $3. .. $2. d. $1

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