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Minnie's Rare Roses is a single-price monopoly. The table shows the demand schedule for Minnie's Rare Roses (columns 1 and 2) and the firm's

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Minnie's Rare Roses is a single-price monopoly. The table shows the demand schedule for Minnie's Rare Roses (columns 1 and 2) and the firm's total cost schedule (columns 2 and 3). What is Minnie's profit-maximizing output, price, and economic profit? Price (dollars per bush) 14 13 12 11 10 9 Quantity (bushes per hour) 012345 ... Minnie's profit-maximizing output is rosebushes an hour. Minnie's profit-maximizing price is $ a rosebush. When Minnie's produces the profit-maximizing output and charges the profit-maximizing price, economic profit is an hour.

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