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Scenario: Mr

Question 41

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Scenario: Mr. Olivander has a monopoly on supplying magic wands. The table below shows the demand schedule for magic wands per day.
Scenario: Mr. Olivander has a monopoly on supplying magic wands. The table below shows the demand schedule for magic wands per day. -Refer to the scenario above.If the marginal cost of a magic wand is $20,how many wands should Mr.Olivander sell to maximize his profit? A) 5 B) 9 C) 12 D) 1
-Refer to the scenario above.If the marginal cost of a magic wand is $20,how many wands should Mr.Olivander sell to maximize his profit?


A) 5
B) 9
C) 12
D) 1

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