1. 20 40 6o 80 100 60 MR monopolist will charge a price (of) O$2. O $4. O$6. that is greater than its marginal cost. both (C) and (D).

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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7+
MC
5+
1+
+-
20
Oh
60 80
100
Q
MR
This monopolist will charge a price (of)
3.
Transcribed Image Text:7+ MC 5+ 1+ +- 20 Oh 60 80 100 Q MR This monopolist will charge a price (of) 3.
20 40
60
80
100
MR
This monopolist will charge a price (of)
A $2.
B $4.
C) $6.
D that is greater than its marginal cost.
both (C) and (D).
3.
Transcribed Image Text:20 40 60 80 100 MR This monopolist will charge a price (of) A $2. B $4. C) $6. D that is greater than its marginal cost. both (C) and (D). 3.
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