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Question 103

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Use the following to answer questions below
Use the following to answer questions below    -Refer to the graph of demand and marginal revenue. If a profit-maximizing monopolist with a constant unit cost equal to $60 faces the demand curve plotted in the graph, then the monopolist's total profit A)  will be equal to $20. B)  will be equal to $40. C)  will be equal to $240. D)  None of the above is correct.
-Refer to the graph of demand and marginal revenue. If a profit-maximizing monopolist with a constant unit cost equal to $60 faces the demand curve plotted in the graph, then the monopolist's total profit


A) will be equal to $20.
B) will be equal to $40.
C) will be equal to $240.
D) None of the above is correct.

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