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The Figure Below Shows the Total Cost and Total Revenue

Question 71

Multiple Choice

The figure below shows the total cost and total revenue curves for a monopolist. The profit-maximizing price charged by the monopolist is:​ ​
Figure 9.3
​
The figure below shows the total cost and total revenue curves for a monopolist. The profit-maximizing price charged by the monopolist is:​ ​ Figure 9.3 ​ A) $70. B) $80. C) $23.33. D) $20. E) $40.


A) $70.
B) $80.
C) $23.33.
D) $20.
E) $40.

Correct Answer:

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