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Price Quantity $10 5 $9 10 $8 16 $7 23 $6 31 $5 45 $4 52 $3 60 A monopolist faces the demand schedule above.
Price Quantity $10 5 $9 10 $8 16 $7 23 $6 31 $5 45 $4 52 $3 60 A monopolist faces the demand schedule above. If the monopolist faces a constant marginal cost of $6, how much output should the monopolist produce in order to maximize profit? O 16 units and it should charge a price of $6 O 10 units and it should charge a price of $8 O 16 units and it should charge a price of $8 10 units and it should charge a price of $9
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