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15102 4 0 17%| 6 chegg.com AA 6 business / economics / economics questions and answers / Consider A Monopolist Using One Input, x, In The Producti... Question: Consider A Monopolist Using One Input, x, In The Production Process. For Simplicity... Consider a monopolist using one input, x, in the production process. For simplicity, assume the marginal product of x is constant at 4. The monopolist operates in a market where the demand has constant elasticity (in absolute value) of 6. Suppose the monopolist sells its product at a price of $5 per unit. The marginal revenue product of x is MRPx Fynnr'l' Anew/pr m 7 100% This problem has been solved! See the answer in