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When the monopolist produces 220 units and the ATC is $16, _______. A) They must choose a price of $26 to maximize profit B) They

When the monopolist produces 220 units and the ATC is $16, _______.

A) They must choose a price of $26 to maximize profit

B) They are not choosing the profit maximizing level of output

C) The price of $35 will maximize their profit

D) The MC is $8

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