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Business, 05.08.2020 19:01 goodluck99

A monopolist's maximized rate of economic profits is $1500 per week. Its weekly output is 500 units, and at this output rate, the firm's marginal cost is $32 per unit. The price at which it sells each unit is $42 per unit. At these profit and output rates, what are the firm's average total cost and marginal revenue?

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A monopolist's maximized rate of economic profits is $1500 per week. Its weekly output is 500 units,...
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