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question 71

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Figure 8.2 Figure 8.2   Figure 8.2 above shows the demand and cost curves facing a monopolist. -Refer to Figure 8.2.What is the firm's profit-maximising price? A)  P<sub>1</sub> B)  P<sub>2</sub> C)  P<sub>3</sub> D)  P<sub>4</sub> Figure 8.2 above shows the demand and cost curves facing a monopolist.
-Refer to Figure 8.2.What is the firm's profit-maximising price?


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