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25-10-2021
Business

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At the profit-maximizing output rate, what is the average total cost?

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divanaesboutique divanaesboutique

25-10-2021

a. what is the monopolist's profit- maximizing output? 5000 units. The point of intersection of MR and MC or when MR= MC. And when the line is extended on to the demand curve it gives the profit maximizing out put for a monopolist

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