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The following graph depicts the costs and revenues for an unregulated monopolist: $100 Costs and revenues 8 8 8 8 8 8 8 8 8
The following graph depicts the costs and revenues for an unregulated monopolist: $100 Costs and revenues 8 8 8 8 8 8 8 8 8 AR 200 400 600 800 1000 1200 Quantity per period Refer to the graph above to answer this question. What is the monopolist's maximum total revenue? O a. $600. O b. $42,000. O c. $48,000. O d. $40,000. O e. $50,000
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