Question: How a monopoly determines the optimum output level and optimum price? (Figure 8.11 may be useful) P = $120 = ABCD MC AC Market demand

P = $120 = ABCD MC AC Market demand

How a monopoly determines the optimum output level and optimum price? (Figure 8.11 may be useful)

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P = $120 = ABCD MC AC Market demand

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