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7.2 Next, you are given production and cost data for the monopolist. Q TFC TVC TC AFC AVC AC MC 0 700 0 10

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7.2 Next, you are given production and cost data for the monopolist. Q TFC TVC TC AFC AVC AC MC 0 700 0 10 390 - 20 700 30 940 40 1,120 50 1,250 60 1,340 70 1,400 80 1,440 90 1,470 100 1,500 110 1,560 120 1,660 130 1,810 140 2,020 150 2,300 160 2,660 170 3,110 180 3,660 190 4,320 200 5,100 210 6,010 220 7,060 230 8,260 240 9,620

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