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    Principles of Economics Study Set 1
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    Exam 8: Monopoly, Oligopoly, and Monopolistic Competition
  5. Question
    Suppose a Monopolist Faces the Following Demand Curve
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Suppose a Monopolist Faces the Following Demand Curve

Question 47

Question 47

Multiple Choice

Suppose a monopolist faces the following demand curve. Suppose a monopolist faces the following demand curve.   If the monopolist were to sell 20 units of output, its total revenue would be: A) $50. B) $100. C) $140. D) $1,000. If the monopolist were to sell 20 units of output, its total revenue would be:


A) $50.
B) $100.
C) $140.
D) $1,000.

Correct Answer:

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