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Suppose a monopolist's costs and revenues are as follows ATC - $45.00; MC = $40.00, MR = $40.00, P = $45.00. The firm should Select

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Suppose a monopolist's costs and revenues are as follows ATC - $45.00; MC = $40.00, MR = $40.00, P = $45.00. The firm should Select one O a decrease output and increase price. b. not change output or price. O shut down d. increase output and decrease price

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