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    Question

    For a monopoly firm the demand curve is Q=20-2P. For the

    profit maximizing quantity of 8 units, the mark up of the firm is  
    A 1.5 Correct Answer Incorrect Answer
    B 0.67 Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 2 Correct Answer Incorrect Answer

    Solution

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