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    Principles of Microeconomics Study Set 10
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    Exam 15: Monopoly
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    Table 15-14 the Following Table Gives Information on the Price, Quantity, and Quantity
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Table 15-14 the Following Table Gives Information on the Price, Quantity, and Quantity

Question 294

Question 294

Multiple Choice

Table 15-14
The following table gives information on the price, quantity, and total cost of production for a monopolist. Table 15-14 The following table gives information on the price, quantity, and total cost of production for a monopolist.   -Refer to Table 15-14. At what price does marginal revenue equal marginal cost? A) $5 B) $4 C) $3 D) $2
-Refer to Table 15-14. At what price does marginal revenue equal marginal cost?


A) $5
B) $4
C) $3
D) $2

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