Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134735696
Author: PARKIN, Michael
Publisher: Pearson,
Question
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Chapter 13, Problem 6SPA

(a)

To determine

Profit of the monopolist when he sells the 2nd unit of product at $5 instead of $15.

(b)

To determine

Means to increase the economic profit furthermore.

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