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Business, 01.04.2020 18:51 nickeymcorrea

The xyz company is a profit-maximizing firm with a monopoly in the production of pennants. the firm sells its pennants for $10 each. we can conclude that the xyz company is producing a level of output at which: select one:

a. average total cost equals $10.

b. average total cost is greater than $10.

c. marginal revenue equals $10.

d. marginal cost equals marginal revenue.

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