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D Question 23 3.94 pts Quantity Price of Demanded Drill Tools per Year 2500 50 K 2000 100 1500 150 1000 200 500 250 Refer

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D Question 23 3.94 pts Quantity Price of Demanded Drill Tools per Year 2500 50 K 2000 100 1500 150 1000 200 500 250 Refer to the table shown, which shows the demand schedule for a firm that has a monopoly on the sale of drill tools. If the monopolist is currently producing 200 drill tools per year and it seeks to maximize profit, it should: increase output. O continue producing 200 units per year. O lower the price of drill tools O decrease output. Question 24 3.94 pts

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