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Question 1 2 / 2 pts A monopolist 1 takes the price of its product as given and produces as much output as possible. if

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Question 1 2 / 2 pts A monopolist 1"\" takes the price of its product as given and produces as much output as possible. if" can choose any price it wants, regardless of demand. Correct! (3' can choose any price along the market demand curve. 1" chooses the price of its product so as to maximize the number of sales

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