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A monopoly producer of a durable good: a. will have higher marginal costs than most other monopolies. b. will not set marginal revenue equal to
A monopoly producer of a durable good: a. will have higher marginal costs than most other monopolies. b. will not set marginal revenue equal to marginal cost. c. can earn even greater profits than a producer of a non-durable. d. must consider competition from its own output decisions
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