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If a Monopolist's Marginal Revenue Is $35 Per Unit and Its

Question 135

Multiple Choice
If a monopolist's marginal revenue is $35 per unit and its marginal cost is $25, then A)to maximize profit the firm should increase output. B)to maximize profit the firm should decrease output. C)to maximize profit the firm should continue to produce the output it is producing. D)Not enough information is given to say what the firm should do to maximize profit.

If a monopolist's marginal revenue is $35 per unit and its marginal cost is $25, then


A) to maximize profit the firm should increase output.
B) to maximize profit the firm should decrease output.
C) to maximize profit the firm should continue to produce the output it is producing.
D) Not enough information is given to say what the firm should do to maximize profit.

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