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    Principles of Microeconomics Study Set 10
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    Exam 15: Monopoly
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    Table 15-11 The Following Table Shows Quantity, Price, and Marginal Cost Information
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Table 15-11 The Following Table Shows Quantity, Price, and Marginal Cost Information

Question 249

Question 249

Multiple Choice

Table 15-11
The following table shows quantity, price, and marginal cost information for a monopoly: Table 15-11 The following table shows quantity, price, and marginal cost information for a monopoly:   -Refer to Table 15-11. What price should the firm charge to maximize its profit? A) $4 B) $5 C) $6 D) $7
-Refer to Table 15-11. What price should the firm charge to maximize its profit?


A) $4
B) $5
C) $6
D) $7

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