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Posted: **Wed Jul 06, 2022 6:24 pm**

: Question 24 Table 1 4 Represents A Monopoly The Firm Will Earn A Profit Equal To Price A 18 B 70 C 72 D 1 (38.27 KiB) Viewed 21 times

Question 24 Table 1.4 represents a monopoly. The firm will earn a profit equal to... Price a. $18. b. $70. c. $72. d. -$12. $11 $10 $9 $8 $7 Demand Data Quantity 7 8 9 10 Table 1.4 Cost Data Output 6 7 8 9 10 Total Cost $48 $52 $57 $63 $70 (4 marks)