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The table below provides relevant information concerning a monopolist. Price Output ATC $5 0 $4 4 $1.00 $3 8 $0.75 $2 12 $0.75 $1 16

The table below provides relevant information concerning a monopolist. Price Output ATC $5 0 $4 4 $1.00 $3 8 $0.75 $2 12 $0.75 $1 16 $0.81 $0 20 $0.90 At what price will this monopolist maximize profit? O $1 O $2 O $3 O $4

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