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24. When marginal revenue exceeds marginal cost, a monopolist should Group of answer choices a. Discontinue production. b. Raise price. c. Reduce demand. d. Encourage

24. When marginal revenue exceeds marginal cost, a monopolist should

Group of answer choices

a. Discontinue production.

b. Raise price.

c. Reduce demand.

d. Encourage new firms to compete with it.

e. Increase output.

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