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Total Output Produced (units) Total Cost (dollars) 1 6 2. 8.5 3 11 4 14 5 17 Price (dollars) 7 Demand Schedule Quantity Demanded (units)

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Total Output Produced (units) Total Cost (dollars) 1 6 2. 8.5 3 11 4 14 5 17 Price (dollars) 7 Demand Schedule Quantity Demanded (units) 1 2 3 6 5 4 4 3 5 The quantity that this monopolist decides to sell, to maximize profits in the short run, is units and the implied price charged by this monopolist is dollars

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