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The table below shows a monopolist's demand curve and cost information for the production of its good. What quantity will it produce? Quantity Price per
The table below shows a monopolist's demand curve and cost information for the production of its good. What quantity will it produce?
Quantity | Price per Unit | Total Cost |
1,000 | $5.00 | $1,000 |
1,100 | $4.50 | $1,100 |
1,300 | $2.50 | $1,150 |
1,400 | $2.00 | $1,200 |
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