According to the information provided in exhibit 9-7, if the rudd ice company was a monopoly and is currently charging a price of $10, what would you advise rudd to do?

C) Decrease price and increase output.

Explanation:

The firm currently is selling at $10 per unit, but in order for it to maximize profit it must sell at a price that equals marginal cost, and that would be $6 per unit. At that point the demand curve and the marginal cost curve intersect.

All companies will always maximize their profits when the selling price = marginal cost.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!