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MC Qu. 12-246 (Algo) Based on the accompanying... Quantity of Output Total Cost Product Price 0 $ 250 $ 240 1 260 200 2 290
MC Qu. 12-246 (Algo) Based on the accompanying...
Quantity of Output | Total Cost | Product Price |
---|---|---|
0 | $ 250 | $ 240 |
1 | 260 | 200 |
2 | 290 | 160 |
3 | 350 | 120 |
4 | 480 | 80 |
5 | 700 | 40 |
Based on the accompanying table, how many units would the given profit-maximizing nondiscriminating pure monopolist produce?
Multiple Choice
- 4
- 3
- 2
- 1
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