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laywatdut laywatdut
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7 months ago

A monopolist maximizes profits at the output at which



total revenue is at its greatest, assuming that the firm has both fixed and variable costs.



price equals marginal cost.



price exceeds marginal cost by the greatest amount.



none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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sharonfaith31sharonfaith31
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7 months ago
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