Question

In the above figure, the profit-maximizing output and price for this monopolistically competitive firm are

A) 10,000 units at a price of $10 per unit.

B) 10,000 units at a price of $5 per unit.

C) 13,000 units at a price of $7 per unit.

D) 12,000 units at a price of $8 per unit.

Answer

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