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Question
| P | Q | TC |
| $13 | 10 | $15 |
| $12 | 14 | $25 |
| $11 | 19 | $45 |
| $10 | 25 | $75 |
| $9 | 30 | $115 |
| $8 | 35 | $165 |
Refer to the above table. Given the demand and cost schedules, what is the profit -maximizing price for this monopolist?
A) $9
B) $12
C) $11
D) $10
Answer
This answer is hidden. It contains 1 characters.
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