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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 Electric Company Is a Monopolist and Faces
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If an Unregulated Electric Company Is a Monopolist and Faces

Question 26

Question 26

Multiple Choice

If an unregulated electric company is a monopolist and faces demand of Q = 50 - 10P. If an unregulated electric company is a monopolist and faces demand of Q = 50 - 10P.   Profits are A)  0 B)  10 C)  52.5 D)  62.5 Profits are


A) 0
B) 10
C) 52.5
D) 62.5

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