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    Microeconomics and Behavior Study Set 1
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    Exam 11: Monopoly
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    If the Marginal Costs Are Constant and Zero for a Single
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If the Marginal Costs Are Constant and Zero for a Single

Question 26

Question 26

Multiple Choice

If the marginal costs are constant and zero for a single price monopolist facing the demand curve P = 10 - Q, what will profits be if fixed costs are 12? If the marginal costs are constant and zero for a single price monopolist facing the demand curve P = 10 - Q, what will profits be if fixed costs are 12?   A) 10 B) 12 C) 13 D) 38


A) 10
B) 12
C) 13
D) 38

Correct Answer:

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