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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 = $50.00. What is the monopolyʹs profit?
A) -$1000
B) $4500
C) $5000
D) $500
Answer
This answer is hidden. It contains 1 characters.
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