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    Principles of Microeconomics Study Set 10
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    Exam 15: Monopoly
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    Table 15-4 A Monopolist Faces the Following Demand Curve
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Table 15-4 A Monopolist Faces the Following Demand Curve

Question 416

Question 416

Multiple Choice

Table 15-4
A monopolist faces the following demand curve: Table 15-4 A monopolist faces the following demand curve:   -Refer to Table 15-4. If the monopolist produces 5 units, what is its average revenue? A) $100 B) $20 C) $5 D) $4
-Refer to Table 15-4. If the monopolist produces 5 units, what is its average revenue?


A) $100
B) $20
C) $5
D) $4

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