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b . What are the values of the profit - maximizing output and price? Output: Price: $ c . What are the values of output,
b What are the values of the profitmaximizing output and price?
Output:
Price: $
c What are the values of output, price and total revenue when the firm's total revenue is maximized?
Output:
Price: $
Total revenue: $The graph below shows the demand and marginal cost curves for the monopolist Mr Peanut.
a Draw the marginal revenue curve. Plot only the endpoints of the graph below.
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