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fTB MC Qu. 08-71 (Algo) Suppose a monopolist faces the... Suppose a monopolist faces the demand curve shown. 70 60 50 40 Price ($) 30

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\fTB MC Qu. 08-71 (Algo) Suppose a monopolist faces the... Suppose a monopolist faces the demand curve shown. 70 60 50 40 Price ($) 30 20 D 10 0 0 10 20 30 40 50 60 70 Quantity If the monopolist's marginal cost is constant and equal to $20, its profit-maximizing level of output is

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