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QUESTION

he following table is the monoply's TR, MR, TC, and MC. Please fill in blanks in the table for AR, MR, MC and Profit.

298

0-300 is the TR

10-298 is the TC

2) Find profit-maximizing output and price by calculating TR and TC. And the n draw a graph showing the monoply's AR, MC , MR curves indicating right figures for each curve.

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