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    Microeconomics Private and Public Choice Study Set 1
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    Exam 11: Price-Searcher Markets With High Entry Barriers
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    Use the Figure to Answer the Following Question(s)
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Use the Figure to Answer the Following Question(s)

Question 249

Question 249

Multiple Choice

Use the figure to answer the following question(s) .
Figure 11-2 Use the figure to answer the following question(s) . Figure 11-2   -What is the maximum profit per month that the monopolist will be able to earn in Figure 11-2? A)  zero B)  approximately $10,000 C)  approximately $20,000 D)  approximately $40,000
-What is the maximum profit per month that the monopolist will be able to earn in Figure 11-2?


A) zero
B) approximately $10,000
C) approximately $20,000
D) approximately $40,000

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