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-Donna Owns the Only Dog Grooming Salon on Lonely Island

Question 157

Multiple Choice

  -Donna owns the only dog grooming salon on Lonely Island. The figure above shows the dog grooming market. Donna is a single-price monopoly that maximizes profit by charging ________ per grooming and producing ________ groomings per day. A)  $30; 8 B)  $20; $8 C)  $20; $12 D)  None of the above answers is correct.
-Donna owns the only dog grooming salon on Lonely Island. The figure above shows the dog grooming market. Donna is a single-price monopoly that maximizes profit by charging ________ per grooming and producing ________ groomings per day.


A) $30; 8
B) $20; $8
C) $20; $12
D) None of the above answers is correct.

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