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Business, 19.09.2019 22:00 22norvd

Aprofit-maximizing monopolist charges a price of $12. the intersection of the marginal revenue and marginal cost curves occurs where output is 10 units and marginal cost is $6. average total cost for 10 units of output is $5. what is the monopolist's profit? a. $70b. $100c. $120d. $60

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