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18 October, 14:47

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 = $45.00. what is the monopoly's profit?

a. minus- $1000

b. $4500

c. $0

d. $3500

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Answers (1)
  1. 18 October, 17:41
    0
    I would go with d because wouldn’t you times 35.00$ by 100
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