Writing 1_Week 6 - c Monopolist’s total cost $30,000...

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Writing 1 Week 6 Exercise 25 – 6 Answers: a) Profit-maximizing output: 5,000 b) Monopolist’s average cost: $833 Monopolist’s average revenue: $1000
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Unformatted text preview: c) Monopolist’s total cost: $30,000 Monopolist’s revenue: $25,000 d) Maximum profit: $5000...
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This note was uploaded on 02/28/2012 for the course ECON EC311 taught by Professor Zahid during the Spring '12 term at ITT Tech San Dimas.

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