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    Principles of Microeconomics Study Set 2
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    Exam 8: Monopoly, Oligopoly, and Monopolistic Competition
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    Suppose the Figure Below Shows the Demand Curve, Marginal Revenue
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Suppose the Figure Below Shows the Demand Curve, Marginal Revenue

Question 21

Question 21

Multiple Choice

Suppose the figure below shows the demand curve, marginal revenue curve and marginal cost curve for a monopolist. Suppose the figure below shows the demand curve, marginal revenue curve and marginal cost curve for a monopolist.   The profit-maximizing price for this monopolist to charge is: A) A B) B C) C D) E The profit-maximizing price for this monopolist to charge is:


A) A
B) B
C) C
D) E

Correct Answer:

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