Advanced Placement (AP)

Advanced Placement (AP), 05.05.2020 16:23, ThetPerson

Price Quantity Demanded Total Revenue MR
$115 0
100 1
83 2
71 3
63 4
55 5
48 6
42 7
37 8
33 9
29 10
Please complete the table above.

What Q will be produced, and what P will be charged in order for the monopoly to max the profit? Suppose MC = $ 20.

What is the profit at maximization point? If the ATC = $50.

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Answers: 2

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Price Quantity Demanded Total Revenue MR
$115 0
100 1
83 2
71 3
63 4

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