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emyleepatton emyleepatton
wrote...
Posts: 487
5 years ago



Refer to the above figure. The profit-maximizing price and output for this monopolist are

• a price of P3 and output of Q3.

• a price of P2 and output of Q2.

• a price of P1 and output of Q1.

• a price of P4 and output of Q1.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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wrote...
5 years ago
a price of P1 and output of Q1.
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