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Price and cost per unit 45 MC 32 ATC 22 20 18 v. . . ....... 15 Demand MR 50 70 80 90 Quantity 7.

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Price and cost per unit 45 MC 32 ATC 22 20 18 v. . . ....... 15 Demand MR 50 70 80 90 Quantity 7. What is the profit-maximizing quantity and what price will the monopolist charge? a. What is the total revenue at the profit-maximizing output level? b. What is the total cost at the profit-maximizing output level? c. What is the profit? d. What is the profit per unit (average profit) at the profit-maximizing output level? e. If this industry was organized as a perfectly competitive industry, what would be the profit- maximizing price and quantity

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