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The graph shows the relevant curves for a profit maximizing monopolist. Assume that it is possible for the firm to produce a quantity that is
The graph shows the relevant curves for a profit maximizing monopolist. Assume that it is possible for the firm to produce a quantity that is not a whole number.
- what quantity will the firm produce? 30.36
- what price will the firm change? $20.59
- what is the firms profit
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