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Exhibit 24-4 Total Total Quantity Fixed Variable Total Price Demanded Cost Cost Marginal Marginal Revenue Total Cost Revenue Cost $50 0 $8 $0 (c) (H) 45 45 1 8 20 20 (D) (1) (L) (R) 40 40 2 (A) 30 (E) (r) (M) 35 3 8 55 105 63 ΣΞ (S) 30 4 8 (B) (F) 93 (P) 25 LO 5 8 125 (G) (K) (Q) (V) (n) (N) (T) Refer to Exhibit 24-4. The profit-maximizing single-price monopolist's maximum profit is $22. $42. $82. $130. $140.

Exhibit 24-4 Total Total Quantity Fixed Variable Total Price Demanded Cost Cost Marginal Marginal Revenue Total Cost Revenue Cost $50 0 $8 $0 (c) (H) 45 45 1 8 20 20 (D) (1) (L) (R) 40 40 2 (A) 30 (E) (r) (M) 35 3 8 55 105 63 ΣΞ (S) 30 4 8 (B) (F) 93 (P) 25 LO 5 8 125 (G) (K) (Q) (V) (n) (N) (T) Refer to Exhibit 24-4. The profit-maximizing single-price monopolist's maximum profit is $22. $42. $82. $130. $140.

Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section: Chapter Questions
Problem 20AA
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Exhibit 24-4 Total Total Quantity Fixed Variable Total Price Demanded Cost Cost Marginal Marginal Revenue Total Cost Revenue Cost $50 0 $8 $0 (c) (H) 45 45 1 8 20 20 (D) (1) (L) (R) 40 40 2 (A) 30 (E) (r) (M) 35 3 8 55 105 63 ΣΞ (S) 30 4 8 (B) (F) 93 (P) 25 LO 5 8 125 (G) (K) (Q) (V) (n) (N) (T) Refer to Exhibit 24-4. The profit-maximizing single-price monopolist's maximum profit is $22. $42. $82. $130. $140.
Transcribed Image Text:Exhibit 24-4 Total Total Quantity Fixed Variable Total Price Demanded Cost Cost Marginal Marginal Revenue Total Cost Revenue Cost $50 0 $8 $0 (c) (H) 45 45 1 8 20 20 (D) (1) (L) (R) 40 40 2 (A) 30 (E) (r) (M) 35 3 8 55 105 63 ΣΞ (S) 30 4 8 (B) (F) 93 (P) 25 LO 5 8 125 (G) (K) (Q) (V) (n) (N) (T) Refer to Exhibit 24-4. The profit-maximizing single-price monopolist's maximum profit is $22. $42. $82. $130. $140.
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