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Price 30 MC 23 20 15 ATC D 0 15 Quantity MR The graph above describes the market for a monopolist. What would be the
Price 30 MC 23 20 15 ATC D 0 15 Quantity MR The graph above describes the market for a monopolist. What would be the firm's marginal revenue (MR) and monopolist's profit at the profit-maximizing level of output? O MR= $12; profit= $96 O MR= $20; profit= $96 O MR= $12; profit= $120 MR= $20; profit= $120
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