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    Exam 11: Price-Searcher Markets With High Entry Barriers
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    Use the Table to Answer the Following Question
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Use the Table to Answer the Following Question

Question 26

Question 26

Multiple Choice

Use the table to answer the following question.
Table 11-5
Use the table to answer the following question. Table 11-5   The demand and cost schedules of a monopolist are presented in Table 11-5. What price should a profit-maximizing monopolist charge? A)  $10 B)  $9 C)  $8 D)  $7
The demand and cost schedules of a monopolist are presented in Table 11-5. What price should a profit-maximizing monopolist charge?


A) $10
B) $9
C) $8
D) $7

Correct Answer:

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