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Business, 29.09.2019 21:20 harry45sharma

The gosports company is a profit-maximizing firm with a monopoly in the production of school team pennants. the firm sells its pennants for $10 each. we can conclude that gosports is producing a level of output at which: average total cost is greater than $10. average total cost equals $10. marginal revenue equals $10. marginal cost equals marginal revenue.

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