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14) For a monopoly firm, the profit maximizing output is at that level where ________ and...

  1. 14) For a monopoly firm, the profit maximizing output is at that level where ________ and the price of

    the product is determined from ________.

    A) AR=MR;AR

    B) AR = MR; MR

    C) MC = MR; AR

    D) MC = MR; MR

    E) none of the above

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