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Author Question: Consider the following AR and MR curves for a single-price monopolist.FIGURE 10-2Refer to Figure ... (Read 37 times)

rissygurl1124

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Question 1

Consider the following AR and MR curves for a single-price monopolist.



FIGURE 10-2

Refer to Figure 10-2. If marginal costs were zero, the profit-maximizing output for this single-price monopolist would be


◦ 0.
Q1.
Q2.
Q3.
Q4.

Question 2

Consider the following AR and MR curves for a single-price monopolist.



FIGURE 10-2

Refer to Figure 10-2. If marginal costs were positive and constant but less than A, the profit-maximizing output for this single-price monopolist would be


◦ greater than zero, but less than Q2.
◦ between Qand Q4.
◦ 0.
◦ greater than zero, but less than Q1.
◦ equal to Q2.


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Marked as best answer by rissygurl1124 on Oct 12, 2022

Kevin5!

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rissygurl1124

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it


Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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