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-The Table Above Shows the Demand and Total Cost Schedule

Question 550

Multiple Choice

-The table above shows the demand and total cost schedule for a monopolist hotel. What price should the monopolist charge if it is a single-price monopoly that maximizes its profit? A) $171 B) $161 C) $151 D) $141
-The table above shows the demand and total cost schedule for a monopolist hotel. What price should the monopolist charge if it is a single-price monopoly that maximizes its profit?


A) $171
B) $161
C) $151
D) $141

Correct Answer:

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