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Business, 12.03.2020 20:28 ooooooo828282828

The Rossett Ruby Company has a monopoly on the supply of rubies. At its current level of output the marginal cost of producing rubies is $1000 per carat. If the firm maximizes profit it will set the price of rubies at:

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The Rossett Ruby Company has a monopoly on the supply of rubies. At its current level of output the...
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