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Question 117

Multiple Choice

Figure 9.6 Figure 9.6 Figure 9.6 shows the cost and demand curves for a monopolist. -Refer to Figure 9.6.What are the profit-maximising output and price for the monopolist? A) output = 62; price = $24. B) output = 62; price = $18. C) output = 83; price = $22. D) output = 104; price = $20.80. Figure 9.6 shows the cost and demand curves for a monopolist.
-Refer to Figure 9.6.What are the profit-maximising output and price for the monopolist?


A) output = 62; price = $24.
B) output = 62; price = $18.
C) output = 83; price = $22.
D) output = 104; price = $20.80.

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