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  3. Study Set
    Microeconomics Study Set 15
  4. Exam
    Exam 9: Monopoly Markets
  5. Question
    -Refer to Figure 9-9
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-Refer to Figure 9-9

Question 50

Question 50

Multiple Choice

  -Refer to Figure 9-9. At the profit-maximising quantity, what is the difference between the monopoly's price and the marginal cost of production? A)  $8 B)  $11.50 C)  $21 D)  There is no difference.
-Refer to Figure 9-9. At the profit-maximising quantity, what is the difference between the monopoly's price and the marginal cost of production?


A) $8
B) $11.50
C) $21
D) There is no difference.

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