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Answer the next question on the basis of the following information for a firm operating in an imperfectly competitive market:Output————Price————Total Cost—-0————–$500—————$250—-1————–$300—————$260—-2————–$250—————$290—-3————–$200—————$350—-4————–$150—————$480—-5————–$100—————$700How many units would the above profit-maximizing monopolist produce? Explain.100 words or more no format needed
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