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The Table Given Below Shows the Prices Charged and Marginal

Question 42

Multiple Choice

The table given below shows the prices charged and marginal cost incurred by a monopolist for different units of output.Table 11.3
The table given below shows the prices charged and marginal cost incurred by a monopolist for different units of output.Table 11.3    -What is the profit-maximizing output level for the monopoly firm described in Table 11.3, if the firm is earning a positive economic profit? A) 1 unit B) 3 units C) 5 units D) 8 units E) 9 units
-What is the profit-maximizing output level for the monopoly firm described in Table 11.3, if the firm is earning a positive economic profit?


A) 1 unit
B) 3 units
C) 5 units
D) 8 units
E) 9 units

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