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How much will a profit-seeking monopolist produce if producing is preferable to shutting down? Multiple choice question. Up to the output at which marginal revenue

How much will a profit-seeking monopolist produce if producing is preferable to shutting down? Multiple choice question. Up to the output at which marginal revenue is less than marginal cost As much as possible, since more production means more revenue Up to the output at which marginal revenue exceeds marginal cost Up to the output at which marginal revenue equals marginal cost

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