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The Table Given Below Shows the Prices Charged and Marginal

question 49

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The table given below shows the prices charged and marginal cost incurred by a monopolist for different units of output.Table 11.3
The table given below shows the prices charged and marginal cost incurred by a monopolist for different units of output.Table 11.3    -If a monopolist is producing at the profit-maximizing level of output, what price will it charge? A) The price given by the marginal-revenue curve at that level of output. B) The price given by the marginal-cost curve at that level of output. C) The price given by the average-cost curve at that level of output. D) The price given by the average-revenue curve at that level of output. E) The price given by the total revenue curve at that level of output.
-If a monopolist is producing at the profit-maximizing level of output, what price will it charge?


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