I think it’s 2, I’m so sorry if I’m wrong tho lol
Your correct answer would be D.
The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
<span>Ksana's insistence that her boyfriend's car accident was due to his carelessness provides an example of a dispositional attribution. A dispositional attribution is the way to explain someones behavior due to internal characteristics that are found in each of us, it is different from external influences where the blame is placed on the environment or the culture around the person.</span>
I believe D but there is a chance im wrong.. sorry if I am