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How a monopoly determines the optimum output level and optimum price? (Figure 8.11 may be useful) $/Q MC B AC P = $120 TA

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How a monopoly determines the optimum output level and optimum price? (Figure 8.11 may be useful) $/Q MC B AC P = $120 TA D =ABCD C Market demand Q*=6 MR Q @

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