Use the figure below to answer the following questions. Figure 12.2.2 ...

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Use the figure below to answer the following questions.

Figure 12.2.2

When the single-price monopoly illustrated in Figure 12.2.2 is maximizing profit, it produces

3 units and price is $3 a unit.

0%

5 units and price is $4 a unit.

0%

4 units and price is $4 a unit.

0%

4 units and price is $5 a unit.

0%

3 units and price is $6 a unit.

100%

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