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What is the firms total profits

Assignment Help Macroeconomics
Reference no: EM13339806

Using the graph

a. What is the firm’s Total Revenue?

b. What is the Total Cost?

c. What is the firm’s Total Profits?

d. If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output.

Reference no: EM13339806

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