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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.

  1. what quantity will the firm produce? 30.36
  2. what price will the firm change? $20.59
  3. what is the firms profit

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