3 1 12 pts suppose a monopolist faces the following demandand cost cur
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3. (1 ½ pts) Suppose a monopolist faces the following demandand cost curves: Quantity Price Total Revenue Total Cost Marginal Cost What is the profit maximizing output level for this
producer?(hint: remember the golden rule of profit max...also, if in doubt, GRAPH the MR and MC curves to find the profit max!)You may not get whole numbers for your answer...