2.1. Refer to Figure 13.8. The profit-maximizing level of output and price for the Memory Company is? a) 200, $16 b) 0, $16 c) 300, $9 d) 350, $20 2.2 Refer to Figure 13.8. At the profit-maximizing level of output and price for the Memory Company is making a loss of? a) $400 b) $200 c) $800 d) $350 Dollars a MC ATC AVC MR 200 300350 Number of Baldwin High School Yearbooks This diagram represents the cost and demand conditions facing the Memory Company. The Memory Company has a monopoly over the sale of Baldwin High School yearbooks. Figure 13.8