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Question 32

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Use the following to answer questions :
Figure 9-1 Use the following to answer questions : Figure 9-1 -Which of the following points in Figure 9-1 can be used to identify a profit maximizing monopolist's production and the price it charges? A) Q<sub>l</sub>, P<sub>l </sub> B) Q<sub>2</sub>, P<sub>2 </sub> C) Q<sub>3</sub>, P<sub>3 </sub> D) Q<sub>2</sub>, P<sub>4 </sub> E) Q<sub>2,</sub> P<sub>3 </sub>
-Which of the following points in Figure 9-1 can be used to identify a profit maximizing monopolist's production and the price it charges?


A) Ql, Pl
B) Q2, P2
C) Q3, P3
D) Q2, P4
E) Q2, P3

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