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Question
Suppose that the profit maximizing level of output for the monopolist is 100 units, and ATC = $45.00; MC = $35.00; MR = $35.00; P = $45.00. What is the monopolyʹs profit?
A) -$1000
B) $4500
C) $0
D) $3500
Answer
This answer is hidden. It contains 1 characters.
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