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Per Unit Costs Cost per Unit (5) Q, QQ Output Quantity What is the profit-maximizing price and level of output for the monopolist? Price=P1 Quantity=Q1

Per Unit Costs Cost per Unit (5) Q, QQ Output Quantity What is the profit-maximizing price and level of output for the monopolist? Price=P1 Quantity=Q1 Price=P3 & Quantity=Q3 Price=P4 & Quantity=Q1 Price=P2 & Quantity=Q1 O Price=P3 & Quantity=Q1

Cost per Unit (5) 22 Per Unit Costs P B m Output Quantity MR w ATC What is the profit-maximizing price and level of output for the monopolist? Price P1 Quantity=Q1 Price P3 & Quantity=Q3 Price P4 & Quantity=Q1 Price P2 & Quantity=Q1 Price P3 & Quantity=Q1

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