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Exhibit 8-2  Demand and Cost Information for a Monopoly Refer

Question 59

Multiple Choice

Exhibit 8-2  Demand and cost information for a monopoly Exhibit 8-2  Demand and cost information for a monopoly   Refer to Exhibit 8-2. Using the rule that focuses on the marginal approach to maximizing profits, the monopolist maximizes profit by choosing price equal to: A)  $40. B)  $20. C)  $0. D)  $10. E)  $30. Refer to Exhibit 8-2. Using the rule that focuses on the marginal approach to maximizing profits, the monopolist maximizes profit by choosing price equal to:


A) $40.
B) $20.
C) $0.
D) $10.
E) $30.

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