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Total Average Marginal Quantity Price Revenu Revenue Revenue 35 35 64 32 29 29 17 23 11 120 17 -1 -7 99 11 -13 2.

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Total Average Marginal Quantity Price Revenu Revenue Revenue 35 35 64 32 29 29 17 23 11 120 17 -1 -7 99 11 -13 2. Assume this monopolist's marginal cost is constant at $11. What quantity of output (Q) will it produce and what price (P) will it charge if it wants to maximize its profits ? 0 : Q=4, P = $27 c bQ =4, P = . $25 6 : Q =5, P = - $23 e dQ=7, P = - $17

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