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Business, 26.12.2019 22:31 Michaelab

Suppose mountain spring water can be produced at no cost and that the demand and marginal revenue curves for mountain spring water are given as follows: q = 6000 - 5p mr = 1200 - 0.3qwhat is the profit-maximizing price of a monopolist? a. $800 b. $600 c. $400 d. $900 e. none of the above

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