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End of Chapter 6.11 Question Help Use the graph to the right for a monopoly to answer the questions. 9.60- What quantity will the monopoly

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End of Chapter 6.11 Question Help Use the graph to the right for a monopoly to answer the questions. 9.60- What quantity will the monopoly produce, and what price will the monopoly charge? MC 8 80- 8.00- The monopoly will produce 48 units and charge $ 7.2 per unit. (Enter numeric 7.20- ATC responses using real numbers rounded to two decimal places.) 6.40- Suppose the monopoly is regulated. If the regulatory agency wants to achieve 5.60- economic efficiency, what price should it require the monopoly to charge? How D Price and cost per unit 4 80 much output will the monopoly produce at this price? 4.00 The regulatory agency should regulate a price of $ 6.8 . At that price, the 3.20- monopoly will produce 56 units. 240- 1.60- Will the monopoly make a profit if it charges this price? MR 0.80- At the regulated price, the monopoly will make profit of $ 0 8 16 24 32 40 48 56 64 72 80 88 96 Quantity

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