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The figure below shows the demand, marginal revenue, marginal cost, and average total cost curves for a monopolist. 6) Pure Monopoly 450 400 MC 350
The figure below shows the demand, marginal revenue, marginal cost, and average total cost curves for a monopolist. 6) Pure Monopoly 450 400 MC 350 300 ATC 250 200 150 v ' 100 50 Price (dollars) D 25 50 75 100 125150 175 200 225 0 Quantity For this monopolist, the profit-maximizing quantity is Click to select v units and the profit-maximizing price is Click to select v
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