Refer to the information provided in Table 13.3 below to answer the question(s) that follow. Table 13.3Price ($)Quantity4.001003.502003.003002.504002.005001.506001.00700Refer to Table 13.3. If a monopoly faces the demand schedule given in the table, at what level of output is its total revenue maximized?

A. 200
B. 300
C. 500
D. 600


Answer: C

Economics

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