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Question 10 10. Irwin is a monopoly seller of specialty bearings. Consider the graph to the right, which illustrates the demand and marginal revenue curves

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Question 10 10. Irwin is a monopoly seller of specialty bearings. Consider the graph to the right, which illustrates the demand and marginal revenue curves for Irwin's 30-weight ball bearings, along with the marginal and average total costs of producing bearings. a. Find the monopolist's prot-maximizing level of output. b. Determine the price the monopolist should charge to maximize prot

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