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it singlepriced, profit-maximizing monopolist: lCauses excess demand, or shortages, by selling too few units of a goool or service. Chooses the output level at which

it singlepriced, profit-maximizing monopolist: lCauses excess demand, or shortages, by selling too few units of a goool or service. Chooses the output level at which margnial revenue begins to increase. Always charges a price above the marginal cost of production. Also maximizes marginal revenue. a None of the statements are true

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