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(Solved): The following graph shows the average and marginal revenue curves for a monopolist: Image shows ...



The following graph shows the average and marginal revenue curves for a monopolist: Image shows the bar graph which represents the curves of MR and AR. At x-axis shows the Quantity and at y-axis shows the Revenues in dollar. Refer to the graph above to answer this question. At what output is total revenue maximized? Multiple Choice 50. 40. 30. 60.



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