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The Following Figure Shows Demand, Marginal Revenue, and Short-Run Cost

Question 42

Short Answer

The following figure shows demand, marginal revenue, and short-run cost for a firm with market power.
The following figure shows demand, marginal revenue, and short-run cost for a firm with market power. -This firm should sell ________ units of output and set a price of $________.
-This firm should sell ________ units of output and set a price of $________.

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