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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
If a monopolist's price is $50 at the output where marginal revenue equals marginal cost and average total cost is $43, then the average profit is $7.
True or false?
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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#1
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8 years ago
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Tidy Author
wrote...

8 years ago
Helped a lot
Holly72492
wrote...

Yesterday
Good timing, thanks!
yen
wrote...

2 hours ago
Thanks
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