ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Bob’s bookstore is the only bookstore in town. The figure in attachment shows the demand curve of books and Bob’s books’ marginal revenue curve and marginal cost curve . Bob’s books maximises its profit and sets the
(a) $20, $60,000
(b) $10, $40,000
(c) $30, $60,000
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