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

Question 154

Multiple Choice

The following figure shows the marginal revenue (MR) and demand curves faced by a monopolist.
The following figure shows the marginal revenue (MR) and demand curves faced by a monopolist. -Refer to the figure above.If the monopolist faces a constant marginal cost of $10,what is the optimal quantity that it should produce? A) 20 units B) 30 units C) 40 units D) 80 units
-Refer to the figure above.If the monopolist faces a constant marginal cost of $10,what is the optimal quantity that it should produce?


A) 20 units
B) 30 units
C) 40 units
D) 80 units

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