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Business, 03.04.2020 22:02 rycexz

A monopolist maximizes profits by a. producing an output level where marginal revenue equals marginal cost. b. charging a price that is greater than marginal revenue. c. earning a profit of (P - MC) x Q. d. Both a and b are correct.

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A monopolist maximizes profits by a. producing an output level where marginal revenue equals margina...
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