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    • Question

      Demand curve of a Monopoly firm is Q=1000-50P and the

      Total cost of production is TC = 50+2Q. Profit maximizing output for the firm is
      A 600 Correct Answer Incorrect Answer
      B 700 Correct Answer Incorrect Answer
      C 450 Correct Answer Incorrect Answer
      D 500 Correct Answer Incorrect Answer

      Solution

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