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The table shows the demand schedule for mark’s… Show more

Paper help Economics The table shows the demand schedule for mark’s… Show more

Economics

The table shows the demand schedule for mark’s… Show more

The table shows the demand schedule for mark’s… Show more marks mineral springs is a single price monopoly. The table shows the demand schedule for mark’s mineral springs (colmun 1 and 2)and the frim’s totak cost schedule( column 2& 3). PRICE QUANTITY TOTAL COST dollar er dollar dollar per hour bottles per hour 1 4 0 1 13 1 12 12 2 25 11 3 40 1 0 4 57 9 5 76 What is Mark’s profit mamimiing out put price ,and ecnomic profit? MARKS PROFIT MAXIMIZING OUT PUT IS $…………….BOTTELS AN HOUR? MARKS PROFIT MAXIMIZING PRICE IS $…………… A BOTTELE? WHEN MARK’S PRODUCES THE PROFIT MAXIMIING OUT PUT AND CHARGES THE PROFIT MAXIMIZING PRICE, ECNOMICPROFIT IS $ …………… AN HOUR ? • Show less

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