""A monopolist with a straight-line demand curve finds
Question and Solution
""A monopolist with a straight-line demand curve finds that it can sell two units at $12 each or 12 units at $2 each.
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""A monopolist with a straight-line demand curve finds that it can sell two units at $12 each or 12 units at $2 each. Its fixed cost is $20 and its marginal cost is constant at $3 per unit. a. Draw the MC(marginal cost), ATC (average-total-cost), MR (marginal revenue), and demand curves for this monopolist. b. At what output level would the monopolist produce? c. At what output level would a perfectly competitive firm produce? "
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