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In this short tutorial, I show how to make a graph/chart in Excel. This is very easy to do and you have a ton of options for the kind of chart that you want to create. Stay up to date with FREE lessons by subscribing to our newsletter: https://www.modernschoolbus.com/free-newsletter/ #excel #exceltips #exceltutorial #excelbeginners # ...
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The following table shows the demand curve facing a monopolist who produces at a constant marginal cost of 10: a. Calculate the firm's marginal revenue curve. b. What are the firm's profit-maximizing output and price? What is its profit? c. What would the equilibrium price and quantity be in a competitive industry? d. What would the social gain be if this monopolist were forced to produce and price at the competitive equilibrium? Who would gain and lose as a result? | Numerade
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