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The following table shows daily demand and costs for a monopolist. Output (units) Price per Unit Marginal Revenue Marginal Cost Average Cost (Q (P) MR

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The following table shows daily demand and costs for a monopolist. Output (units) Price per Unit Marginal Revenue Marginal Cost Average Cost (Q (P) MR (MC) (ATC) 20 18 18 12 16 14 UI AWN - O 14 10 12 6 10 2 12 A profit-maximizing monopolist will produce units and set a price of $

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