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Table 15-1

Price per Unit ​	Quantity Demanded (units)	Total Cost of Production (dollars)
$85	10	$530
80	11	540
75	12	550
70	13	560
65	14	575
60	15	595
55	16	625

A monopoly producer of foreign language translation software faces a demand and cost structure as given in Table 15-1.


Refer to Table 15-1. What is the firm's profit-maximizing output and what is the price charged to sell this output?

• P = $85; Q = 10

• P = $80; Q = 11

• P = $70; Q = 13

• P = $65; Q = 14

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