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-In the Above Figure, If the Monopolist Engages in Marginal

Question 196

Multiple Choice

-In the above figure, if the monopolist engages in marginal cost pricing, what are its output and price? A) 1,200, $3 B) 900, $7 C) 700, $7 D) 700, $10
-In the above figure, if the monopolist engages in marginal cost pricing, what are its output and price?


A) 1,200, $3
B) 900, $7
C) 700, $7
D) 700, $10

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