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The Following Figure Shows the Marginal Cost,average Cost,marginal Revenue,and the Demand

Question 104

Multiple Choice

The following figure shows the marginal cost,average cost,marginal revenue,and the demand curve for a profit-maximizing monopolist. The following figure shows the marginal cost,average cost,marginal revenue,and the demand curve for a profit-maximizing monopolist. Refer to Figure 11-4.What is the firm's economic profit? A) $360 B) $540 C) $630 D) $900
Refer to Figure 11-4.What is the firm's economic profit?


A) $360
B) $540
C) $630
D) $900

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