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trea48 trea48
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A monopolist is producing at an output level at which ATC = $5, P = $6, MC = $3, and MR = $4. We can conclude that

• economic profit could be increased by producing more.

• economic profit cannot be increased.

• the firm is earning $10 in economic profits.

• economic profit could be increased by producing less.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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sarahlouhiggsarahlouhigg
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trea48 Author
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This helped my grade so much Perfect
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