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Table 15-5 A Monopolist Faces the Following Demand Curve

Question 401

Multiple Choice

Table 15-5
A monopolist faces the following demand curve: Table 15-5 A monopolist faces the following demand curve: -Refer to Table 15-5. The monopolist has total fixed costs of $60 and has a constant marginal cost of $15. What is the profit-maximizing price? A) $4 B) $39 C) $36 D) $42
-Refer to Table 15-5. The monopolist has total fixed costs of $60 and has a constant marginal cost of $15. What is the profit-maximizing price?


A) $4
B) $39
C) $36
D) $42

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