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* The figure below shows short-run cost and demand curves for a monopolist firm. Refer to the figure above if the firm is producing output

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* The figure below shows short-run cost and demand curves for a monopolist firm. Refer to the figure above if the firm is producing output level that maximizes its profit, what is the price charged? LE10. b. E15. E20. d. E25. If the firm represented in the diagram is producing output level that maximizes its profit, what is its average variable cost (AVC) at this output level? a 10. h. 18. c 20. 4 23

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