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8:36PM Tue Dec 5 5? 63% I ~ 8 sakailuoedu $/unit 30 24 23 17 400 600 1000 output 2. (3 points) The diagram above
8:36PM Tue Dec 5 5? 63% I ~ 8 sakailuoedu $/unit 30 24 23 17 400 600 1000 output 2. (3 points) The diagram above depicts a monopoly operating in the short run. Given this information, determine the following (be sure to explain/justify your answers): a. The optimum level of output (q*) and price (p*)
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