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This is my question: Answer the following questions on the basis of the monopolist's situation illustrated in the following graph. a. At what output rate

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Answer the following questions on the basis of the monopolist's situation illustrated in the following graph. a. At what output rate and price does the monopolist operate? b. In equilibrium, approximately what is the rm's total cost and total revenue? c. What is the rm's economic prot or loss in equilibrium? Dollars M0 per Unit ATC $10 D=AR I I I I I I I MR: 0 100 125 130 150 Quantity

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