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Question 25 (1 point) 14 Listen Considering how a monopolist decides the optimal amount of output to produce, we know that the monopolist's criterion for
Question 25 (1 point) 14 Listen Considering how a monopolist decides the optimal amount of output to produce, we know that the monopolist's criterion for choosing its optimal level is_ that for a competitive firm. A monopolist would choose to produce a quantity such that marginal cost equals different than; price different than; marginal revenue the same as; marginal revenue the same as; price Onone of the other answers are correct. Suppose you purchased 10 discounted tickets for an upcoming pop music concert. The tickets cost you $1,140.00 total. To purchase the tickets, you used money from your savings account. Currently, the bank does not pay any interest on money in savings accounts. Your hope is to resell the tickets the day of the concert, If you sell the tickets outside the concert, you can sell them for $190.00 per ticket. A ticket scalper wants to corner the market, but to do that he needs your tickets. The scalper has offered to pay you $1,710.00 total for your tickets. For the following questions, round your answers to two decimals. Suppose you decide to sell the tickets to the scalper. Your accounting profit from this transaction would be $ .. Your economic profit would be $ 570; -190 570; 570 Onone of the answers are correct. O-190; 570
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