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You Believe That You Have a Costless Monopoly

Question 73

True/False

You believe that you have a costless monopoly. Given your estimate of the demand for mushrooms: Qm = 1500 - 200Pm, where Qm = servings of fried mushroom and gravy, a price of $3.75 and a quantity of 750 would yield you a maximum total revenue.

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