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A monopolist's protmaximizing price is $10, and its protmaximizing output is 400 units. If the average cost of production is $6.00 per unit, the rm's
A monopolist's protmaximizing price is $10, and its protmaximizing output is 400 units. If the average cost of production is $6.00 per unit, the rm's economic prot will be $ID. If the rm's managers change its price and output, the economic profit will El
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