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Exhibit 2 Quantity Total Revenue Total Cost 2 $200 $150 3 $270 $175 4 $328 $206 5 $375 $252 6 $390 $312 The monopolist will
Exhibit 2
Quantity Total Revenue Total Cost
2 $200 $150
3 $270 $175
4 $328 $206
5 $375 $252
6 $390 $312
The monopolist will charge a price of:
a)There is not enough information provided to answer this question.
b)$65 per unit.
c)$82 per unit.
d)$90 per unit.
What is the correct letter?
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