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The Following Figure Shows the Demand and Marginal Revenue (MR)

Question 49

Multiple Choice

The following figure shows the demand and marginal revenue (MR) curves faced by a monopolist.
The following figure shows the demand and marginal revenue (MR)  curves faced by a monopolist.    -Refer to the figure above.What is the profit-maximizing quantity that the monopolist should produce if it faces a constant marginal cost of $3? A)  200 units B)  300 units C)  400 units D)  600 units
-Refer to the figure above.What is the profit-maximizing quantity that the monopolist should produce if it faces a constant marginal cost of $3?


A) 200 units
B) 300 units
C) 400 units
D) 600 units

Correct Answer:

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