What quantity ( Q ) will the profit-maximizing monopolist below produce, what price ( P ) will
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Question:
What quantity (Q) will the profit-maximizing monopolist below produce, what price (P) will they charge, and how much will their profit or loss be?
Q= 12 units P= $7,000 Profit = $36,000
Q= 12 units P= $7,000 Profit = $84,000
Q= 12 units P= $4,000 Profit = $48,000
Q= 12 units P= $5,000 Profit = $60,000
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