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-In the Above Figure, Suppose the Monopolist Is Producing at Q3.

Question 170

Multiple Choice

-In the above figure, suppose the monopolist is producing at Q<sub>3.</sub> The firm should A) increase output and decrease price. B) decrease output and increase price. C) not change output or price. D) shut down.
-In the above figure, suppose the monopolist is producing at Q3. The firm should


A) increase output and decrease price.
B) decrease output and increase price.
C) not change output or price.
D) shut down.

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