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Title: A single-price monopoly has marginal revenue and marginal cost equal to $19 at 15 units of output wh Post by: Loraine on Jun 21, 2015 A single-price monopoly has marginal revenue and marginal cost equal to $19 at 15 units of output where the price on the demand curve is $38. At this output, average total cost is $15. What is the total profit earned?
A) $225 B) $285 C) $345 D) $570 E) $19 Title: Re: A single-price monopoly has marginal revenue and marginal cost equal to $19 at 15 units of outpu Post by: Smoooth on Jul 26, 2015 Content hidden
Title: Re: A single-price monopoly has marginal revenue and marginal cost equal to $19 at 15 units of output wh Post by: Smoooth on Aug 31, 2015 You're welcome :-]
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