notcollin4735 notcollin4735
  • 31-07-2021
  • Business
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A profit-maximizing monopolist charges a price of $12. The intersection of the marginal revenue and marginal cost curves occurs where output is 10 units and marginal cost is $6. Average total cost for 10 units of output is $5. What is the monopolist's profit

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laziz031085 laziz031085
  • 31-07-2021
It’s 70$ because I know
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