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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 incremental profit from the last unit sold is $7.
True or false?
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Essentials of Economics

Essentials of Economics


Edition: 4th
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VincenzoDVincenzoD
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8 years ago
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Tidy Author
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Helped a lot
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Smart ... Thanks!
riptide
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Correct Slight Smile TY
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