answers are integers.  No units or dollar signs. Consider a monopolist facing the following demand curve. P         12           11              10               9                  8                 7                  6                   5                   4                 3 QD      1              2                 3                 4                  5                 6                  7                   8                   9                 10 Also assume that this firm has a constant marginal cost of $4 per unit.  1. This monopolist will set the price equal to (.........) and quantity equal to (............)  They will have a profit of ( .........) . 2. The efficient quantity is (..........

Micro Economics For Today
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ISBN:9781337613064
Author:Tucker, Irvin B.
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Chapter13: Antitrust And Regulation
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All answers are integers.  No units or dollar signs.

Consider a monopolist facing the following demand curve.

P         12           11              10               9                  8                 7                  6                   5                   4                 3

QD      1              2                 3                 4                  5                 6                  7                   8                   9                 10

Also assume that this firm has a constant marginal cost of $4 per unit. 

1. This monopolist will set the price equal to (.........) and quantity equal to (............)  They will have a profit of ( .........) .

2. The efficient quantity is (............)

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