=+from 8 to 9 units it must lower the price of its output from $2 to $1.
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=+from 8 to 9 units it must lower the price of its output from $2 to $1. Calculate the quantity effect and the price effect. Use these results to calculate the monopolist’s marginal revenue of producing the 9th unit. The marginal cost of producing the gth unit is positive. Is it a good idea for the monopolist to produce the 9th unit?
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