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-The Figure Above Shows the Demand, Marginal Revenue and Marginal

Question 103

Multiple Choice

-The figure above shows the demand, marginal revenue and marginal cost curves for Paul's Parrot pillows, a single-price monopoly producer of pillows stuffed with parrot feathers. When Paul maximises his profit, the difference between marginal cost and price is A) $0. B) $20. C) $60. D) $40. E) $30.
-The figure above shows the demand, marginal revenue and marginal cost curves for Paul's Parrot pillows, a single-price monopoly producer of pillows stuffed with parrot feathers. When Paul maximises his profit, the difference between marginal cost and price is


A) $0.
B) $20.
C) $60.
D) $40.
E) $30.

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