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pounds right over here. At this point - Muzaffarabad
Wednesday, 6 January 2016
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City:
Muzaffarabad, Azad Kashmir
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pounds right over here. At this point right over here you don't want to produce an You'll be equilibrium price and quantity would be where our supply and demand curves intersect. It would be right over Pills Best here. It would be a price of $3 per pound and a quantity of 3000 pounds. Now, in order to maximize profit, we are intersecting between the marginal revenue curve or our quantity that we want to produce as the monopolist is the intersection between our marginal revenue curve and our marginal cost curve which is right over here. So we can see that there is a dead..
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