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    Exam 11: Price-Searcher Markets With High Entry Barriers
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    Consider the Following Demand and Cost Information for a Monopoly
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Consider the Following Demand and Cost Information for a Monopoly

Question 8

Question 8

Multiple Choice

Consider the following demand and cost information for a monopoly.
Table 11-1
Consider the following demand and cost information for a monopoly. Table 11-1    -Refer to Table 11-1. To maximize profit, the monopolist sets price at A)  $10 B)  $15 C)  $20 D)  $25
-Refer to Table 11-1. To maximize profit, the monopolist sets price at


A) $10
B) $15
C) $20
D) $25

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