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Charles Mack: Attempt 1 Question 20 (1 point) The table below shows the demand curve and cost information for a firm that is a monopoly.

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Charles Mack: Attempt 1 Question 20 (1 point) The table below shows the demand curve and cost information for a firm that is a monopoly. Price Quantity TC $1,000 0 $500 $800 5 $1,200 $600 10 $3, 100 $400 15 $7,000 $200 20 $11,500 If they maximize their profits, what price will they charge? OLDAFC

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