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    Microeconomics Study Set 9
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    Exam 9: Imperfect Competition and Monopoly
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    The Output Level That Maximizes a Firm's Profits Also Maximizes
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The Output Level That Maximizes a Firm's Profits Also Maximizes

Question 19

Question 19

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The output level that maximizes a firm's profits also maximizes the marginal profit on the last unit produced.

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