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If a Monopolist's Price Is $50 at 63 Units of Output

Question 65

Multiple Choice

If a monopolist's price is $50 at 63 units of output, and marginal revenue equals marginal cost, and average total cost equals $43, then what is the firm's total profit?


A) $3150.
B) $2709.
C) $441.
D) $7.

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