[Solved] The Table Below Shows the Costs and Demand for the Primrose

Question 152
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The table below shows the costs and demand for the Primrose Oil industry.
img a)If this were a perfectly competitive industry,what would be the price,output and total industry profit?
b)If,alternately,this were a monopoly industry,what would the price,output,and total profit?
Hint: Calculate [TR;MR;MC]


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