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-In Figure 5

Question 11

Multiple Choice

-In Figure 5.5, what profit would the monopolist earn? A) zero profit, because it would shut down. B) a positive profit. C) a loss less than its total fixed cost. D) a loss greater than its total fixed cost.
-In Figure 5.5, what profit would the monopolist earn?


A) zero profit, because it would shut down.
B) a positive profit.
C) a loss less than its total fixed cost.
D) a loss greater than its total fixed cost.

Correct Answer:

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