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-In the Above Figure, What Would Be the Profit-Maximizing Output

Question 107

Multiple Choice

-In the above figure, what would be the profit-maximizing output and price for this natural monopolist? A) 1,200; $3 B) 900; $7 C) 700; $7 D) 700; $10
-In the above figure, what would be the profit-maximizing output and price for this natural monopolist?


A) 1,200; $3
B) 900; $7
C) 700; $7
D) 700; $10

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