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In order to maximize profits, a monopolist would choose to produce units which is less than the socially optimal quantity of units. Price 30 MC 23 20 15 ATC 12 10 D 9 12 Quantity 15 \MR O A. 9; 12 О в. 12: 15 OC 9: 15 O D. 12; more than 15

In order to maximize profits, a monopolist would choose to produce units which is less than the socially optimal quantity of units. Price 30 MC 23 20 15 ATC 12 10 D 9 12 Quantity 15 \MR O A. 9; 12 О в. 12: 15 OC 9: 15 O D. 12; more than 15

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In order to maximize profits, a monopolist would choose to produce units which is less than the socially optimal quantity of units. Price 30 MC 23 20 15 ATC 12 10 9 12 15 \MR Quantity O A. 9; 12 B. 12; 15 OC. 9: 15 O D. 12; maore than 15
Transcribed Image Text:In order to maximize profits, a monopolist would choose to produce units which is less than the socially optimal quantity of units. Price 30 MC 23 20 15 ATC 12 10 9 12 15 \MR Quantity O A. 9; 12 B. 12; 15 OC. 9: 15 O D. 12; maore than 15
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