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Business, 18.12.2019 17:31 johhnyappleseed2006
Amonopolist is able to maximize its profits by a. setting the price at the level that will maximize its per-unit profit. b. producing output where mr = mc and charging a price along the demand curve. c. setting output at mr = mc and setting price at the demand curve's highest point. d. producing maximum output where price is equal to its marginal cost.
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