Monopolist with a straight-line demand curve

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A monopolist with a straight-line demand curve finds that it can sell one unit at $9 each or nine units at $1 each. Its marginal cost is constant at $4 per unit.

A) A monopolist would produce ...... unit(s) and charge $.......

B) A perfect competitor would produce........ unit(s) and charge $..........

Reference no: EM13736860

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