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Question
| P | Q | MR | MC |
| $7 | 20 | $12 | $2 |
| $6 | 21 | $14 | $5 |
| $5 | 22 | $16 | $10 |
| $4 | 23 | $18 | $15 |
| $3 | 24 | $20 | $20 |
| $2 | 25 | $22 | $26 |
Refer to the above table. Given the demand and cost schedules, what is the profit maximizing quantity for this monopolist?
A) 23
B) 21
C) 20
D) 24
Answer
This answer is hidden. It contains 1 characters.
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