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    Intermediate Microeconomics Study Set 1
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    Exam 8: Profit Maximization and Supply
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    If an Unregulated (Because It Produces Electricity from Hydroelectric Power)electric
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If an Unregulated (Because It Produces Electricity from Hydroelectric Power)electric

Question 4

Question 4

Multiple Choice

If an unregulated (because it produces electricity from hydroelectric power) electric company is a monopolist and faces demand of Q = 50 - 10P. If an unregulated (because it produces electricity from hydroelectric power) electric company is a monopolist and faces demand of Q = 50 - 10P.   The profit maximizing output is A)  5 B)  10 C)  25 D)  50 The profit maximizing output is


A) 5
B) 10
C) 25
D) 50

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