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Figure 7.2 -Figure 7.2 Shows a Monopolist's Demand Curve. Suppose That the That

question 103

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  Figure 7.2 -Figure 7.2 shows a monopolist's demand curve. Suppose that the marginal cost is $6 for all units and the current output level is 4 units. Then what would you recommend to the firm? A)  Lower the price to sell more units. B)  Raise the price and sell fewer units. C)  Maintain the current price and output level. D)  There is not sufficient information. Figure 7.2
-Figure 7.2 shows a monopolist's demand curve. Suppose that the marginal cost is $6 for all units and the current output level is 4 units. Then what would you recommend to the firm?


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