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barry1999 barry1999
wrote...
Posts: 476
5 years ago
If a monopolist's price is $50 at 63 units of output and average total cost equals $43, then the firm's total profit is

• $3,150.

• $2,709.

• $441.

• $7.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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1 Reply
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Answer verified by a subject expert
dnlee1dnlee1
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Posts: 357
5 years ago
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barry1999 Author
wrote...

5 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
Brilliant
wrote...

2 hours ago
Good timing, thanks!
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