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Nancy has a monopoly selling her patented alcoholic maple syrup. Currently, her marginal revenue is $ 2 4 and her marginal cost is $ 2
Nancy has a monopoly selling her patented alcoholic maple syrup. Currently, her marginal revenue is
$ and her marginal cost is $ The price of a bottle of syrup is $ She should
A keep the current price and decrease the level of output.
B keep the current price and level of output.
C keep the current price and increase the level of output.
D leave the market.
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