Profit-maximizing output level and produce price

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Reference no: EM1316720

Use the following data for a pure monopoly to calculate the firm's:

its profit-maximizing output level and produce price;

Q

(P = AR)

TR

MR

TC

MC

ATC

 

0

$ 0

$ 60

1

58

100

2

57

136

3

56

168

4

55

200

5

54

235

6

53

276

7

52

322

8

51

376

Reference no: EM1316720

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