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This Table Represents the Revenues Faced by a Monopolist

question 19

Multiple Choice

This table represents the revenues faced by a monopolist. This table represents the revenues faced by a monopolist. Using the information in the table shown,the average revenue for this firm: A) decreases as output increases. B) increases as output increases. C) remains constant regardless of level of output. D) is maximized when total revenue is maximized. Using the information in the table shown,the average revenue for this firm:

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