Determine profit maximizing output

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A monopolist's marginal revenue curve crosses its marginal cost curve a twenty per unit & one million units. the price that consumers are wants to pay is thirty per uint. if the it produces this output, the firm's average total cost is 35 perunit and its average fixed cost is 4 per unit. what is this producers profit maximizing output and what are its economic profits?

Reference no: EM1372352

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