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The marginal revenue curve of a monopoly crosses its marginal cost curve at $38 per unit, and an output of 3 million units. Include the

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The marginal revenue curve of a monopoly crosses its marginal cost curve at $38 per unit, and an output of 3 million units. Include the minus sign, if necessary. Do not enter the dollar sign (\$) while entering your answer and do not enter the word million or all the zeros in a million. What is the profit-maximizing (loss-minimizing) output? million units The price that consumers are willing to pay for this output is $47 per unit. If it produces this output, the firm's average total cost is $55 per unit, and its average fixed cost is $5 per unit. What are the firm's economic profits (or economic losses)? $ million

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