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Fill in the Blanks Price/Cost ($) 20 18 16 ONADOONA Demand MR 50 60 70 80 90 Quantity (units) Type your answers in all of

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Fill in the Blanks Price/Cost ($) 20 18 16 ONADOONA Demand MR 50 60 70 80 90 Quantity (units) Type your answers in all of the blanks and submit Consider the industry depicted below. Suppose that the marginal costs of production are 6. If the industry were a monopoly, a quantity of 30 units would be produced at a You are correct price of 12 and the sum of consumer and producer surplus would be You are correct 180 X You are incorrect

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