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Suppose Acme and Mega Produce and Sell Identical Product with Zero

question 73

Multiple Choice

Suppose Acme and Mega produce and sell identical product with zero marginal and average cost.Following is the market demand and marginal revenue curves for the product. Suppose Acme and Mega produce and sell identical product with zero marginal and average cost.Following is the market demand and marginal revenue curves for the product.   Refer to the figure above.The profit-maximizing quantity and price for a monopolist with this demand curve are _____. A) 50 units and $2 B) 100 units and $2 C) 50 units and $3 D) 100 units and $1
Refer to the figure above.The profit-maximizing quantity and price for a monopolist with this demand curve are _____.


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