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Profit maximizing monopoly price equals

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Reference no: EM131464913

For this question, please refer to the following graph. It may help to print this out so you can draw on it: https://drive.google.com/file/d/0B-gQ84rVpHz_N3dQNWJPWjBqTDQ/view?usp=sharing. Assume the fixed cost equals zero and recall from the previous question that MC = 8. The profit maximizing monopoly price equals.

Reference no: EM131464913

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