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Use the Figure to Answer the Following Question(s)

Question 158

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Use the figure to answer the following question(s) .
Figure 11-7 Use the figure to answer the following question(s) . Figure 11-7   -If the output in the industry is produced by a monopolist, at what price will the good sell and what quantity will be produced in Figure 11-7? A)  price, $7; quantity produced, 100 B)  price, $10; quantity produced, 170 C)  price, $14; quantity produced, 100 D)  price, $7; quantity produced, 200
-If the output in the industry is produced by a monopolist, at what price will the good sell and what quantity will be produced in Figure 11-7?


A) price, $7; quantity produced, 100
B) price, $10; quantity produced, 170
C) price, $14; quantity produced, 100
D) price, $7; quantity produced, 200

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