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July 31, 2015

Homework Help: microeconomics

Posted by Jacque on Sunday, June 12, 2011 at 4:27pm.

If a monopolist is producing a quqnity that generates MC=Mr,then profit:
a) is maximized
b) is maximized only if MC=p
c) can be increased by increasing production
d) can be increased by decreasing production

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