On Figure 13P-1, show the profit-maximizing quantity when price is P1. Label this point Qmax1. Show the

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On Figure 13P-1, show the profit-maximizing quantity when price is P1. Label this point Qmax1. Show the profit-maximizing quantity when price is P2. Label this point Qmax2.


Figure 13P-1:

Price MC - MR1 P1 - MR2 P2 Quantity

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Microeconomics

ISBN: 978-1259813337

2nd edition

Authors: Dean S. Karlan, Jonathan J. Morduch

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