machapman4393 machapman4393
  • 18-01-2024
  • Business
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A monopolist can either sell 100 units for $3 each or sell 160 units for $2 each. This implies that for the given range of output:

a) Marginal cost is constant
b) Marginal cost is decreasing
c) Marginal cost is increasing
d) Average cost is constant

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