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Figure 9-1 shows the demand and cost curves facing a monopolist Figure9-1 Price and cost per unit PA MC ATC3 P3 ATC2 ATC, P2 P1

Figure 9-1 shows the demand and cost curves facing a monopolist

Figure9-1

Price and cost per unit PA MC ATC3 P3 ATC2 ATC, P2 P1 Demand 0 Q Q2 Q3 Q4 Quantity MR

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