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A monopolist faces a demand curve given by: P = 70 - 2Q, where P is the price of the good and Q is the

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A monopolist faces a demand curve given by: P = 70 - 2Q, where P is the price of the good and Q is the quantity demanded. The marginal cost of production is constant and is equal to $6. There are no fixed costs of production. What price should the monopolist charge in order to maximize profit? O $6. O $12. O $42. O $60. O None of these

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