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How much is a set of 1,000 tons of stone production line equipment equipped with?

Sep 27,2020 With marginal cost of $1,000 per diamond, or $1 million per thousand diamonds, the monopoly will maximize profits at a price of $7,000 and a quantity of 6,000. Additional production beyond this point would lead to a situation where marginal revenue is lower than marginal cost. c.

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