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Exhibit 9.3 -Refer to Exhibit 9.3,which Shows the Cost and Revenue Curves

Question 71

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Exhibit 9.3
Exhibit 9.3    -Refer to Exhibit 9.3,which shows the cost and revenue curves for a non-discriminating monopolist.The profit-maximizing output and price for the monopolist are _____ A) 90 units and $18, respectively. B) 1,500 units and $24, respectively. C) 1,700 units and $22, respectively. D) 1,100 units and $28, respectively. E) 1,500 units and $22, respectively.
-Refer to Exhibit 9.3,which shows the cost and revenue curves for a non-discriminating monopolist.The profit-maximizing output and price for the monopolist are _____


A) 90 units and $18, respectively.
B) 1,500 units and $24, respectively.
C) 1,700 units and $22, respectively.
D) 1,100 units and $28, respectively.
E) 1,500 units and $22, respectively.

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