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-A Single-Price Monopoly Has Marginal Revenue and Marginal Cost Equal

Question 200

Multiple Choice

-A single-price monopoly has marginal revenue and marginal cost equal to $19 at 15 units of output where the price on the demand curve is $38.At what price will this firm sell the output? A) $19 B) $38 C) $285 D) $570 E) There is not enough information given to answer the question.
-A single-price monopoly has marginal revenue and marginal cost equal to $19 at 15 units of output where the price on the demand curve is $38.At what price will this firm sell the output?


A) $19
B) $38
C) $285
D) $570
E) There is not enough information given to answer the question.

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