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  3. Study Set
    Microeconomics Principles for a Changing World
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    Exam 9: Monopoly
  5. Question
    (Figure: Monopolist Production) Based on the Graph, If the Marginal
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(Figure: Monopolist Production) Based on the Graph, If the Marginal

Question 11

Question 11

Multiple Choice

(Figure: Monopolist Production) Based on the graph, if the marginal cost of production is constant at $20 per unit produced, then the monopolist will earn total revenue of
(Figure: Monopolist Production)  Based on the graph, if the marginal cost of production is constant at $20 per unit produced, then the monopolist will earn total revenue of   A)  $400. B)  $800. C)  $1,200. D)  $200.


A) $400.
B) $800.
C) $1,200.
D) $200.

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