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Table 14-1 -Refer to Table 14-1.Assume This Monopolist's Marginal Cost Is Constant

Question 172

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Table 14-1
Table 14-1 -Refer to Table 14-1.Assume this monopolist's marginal cost is constant at $12.What quantity of output (Q) will it produce and what price (P) will it charge? A) Q = 4,P = $29 B) Q = 4,P = $26 C) Q = 5,P = $23 D) Q = 7,P = $17
-Refer to Table 14-1.Assume this monopolist's marginal cost is constant at $12.What quantity of output (Q) will it produce and what price (P) will it charge?


A) Q = 4,P = $29
B) Q = 4,P = $26
C) Q = 5,P = $23
D) Q = 7,P = $17

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