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Consider the Following AR and MR Curves for a Single-Price

Question 49

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Consider the following AR and MR curves for a single-price monopolist. Consider the following AR and MR curves for a single-price monopolist.   FIGURE 10-2 -Refer to Figure 10-2.If marginal costs were positive and constant but less than A,the profit-maximizing output for this single-price monopolist would be A) 0. B) greater than zero,but less than Q<sub>1</sub>. C) greater than zero,but less than Q<sub>2</sub>. D) equal to Q<sub>2</sub>. E) between Q<sub>2 </sub>and Q<sub>4</sub>. FIGURE 10-2
-Refer to Figure 10-2.If marginal costs were positive and constant but less than A,the profit-maximizing output for this single-price monopolist would be


A) 0.
B) greater than zero,but less than Q1.
C) greater than zero,but less than Q2.
D) equal to Q2.
E) between Q2 and Q4.

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