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Homework answers / question archive / Suppose that a pure monopolist can sell 15 units of output at $6 per unit and 16 units at $5
Suppose that a pure monopolist can sell 15 units of output at $6 per unit and 16 units at $5.70 per unit. For the monopolist to profitably produce and sell the sixteen unit of output, its marginal cost must be anywhere at or below:
1) 5.70
2) 1.20
3) 1.80
4) 6
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