At what output level would the monopolist produce, Microeconomics

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At what output level would the monopolist produce

Problem

A monopolist with a straight-line demand curve finds that it can sell 2 units at $12 each or 12 units at $2 each. Its fixed cost is $20 and its marginal cost is constant at $3 per unit.

1. Draw the MC, ATC, MR, and demand curves for this monopolist.

2. At what output level would the monopolist produce?

3. At what output level would a perfectly competitive firm produce?

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Microeconomics: At what output level would the monopolist produce

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