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The Following Graph Gives Cost and Revenue Data for a Monopolist

Question 12

Multiple Choice

The following graph gives cost and revenue data for a monopolist:
The following graph gives cost and revenue data for a monopolist: -Refer to the above graph to answer this question.If the monopolist is regulated and forced to charge a fair-return price,what will be its price and output? A) $10 and 70. B) $25 and 110. C) $30 and 100. D) $45 and 70. E) $60 and 40.
-Refer to the above graph to answer this question.If the monopolist is regulated and forced to charge a fair-return price,what will be its price and output?


A) $10 and 70.
B) $25 and 110.
C) $30 and 100.
D) $45 and 70.
E) $60 and 40.

Correct Answer:

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