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Josalmina Company is a pure monopolist with fixed costs of $200. The following revenue and cost information are relevant to its operations: Unit Marginal Output Price Cost 1 $400 $160 2 380 145 3 360 130 4 340 115 5 320 130 6 300 145 7 280 160 8 260 185 9 240 210 10 220 235 11 200 260 12 180 285 Josalmina’s Marginal revenue rate is at its maximum at what output quantity? A. Q 1 . B. Q 2 . C. Q 3 . D. Q 4 . |