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    Total Revenue Curve

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    When the slope of the total revenue curve is equal to the slope of the total cost curve
    monopoly profit is maximized
    marginal revenue equals marginal cost
    marginal cost curve intersects the total average cost curve.
    the total cost curve is at its minimum
    both a and b are correct

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    Solution Summary

    The expert examines the total revenue curves slope. Marginal revenue equals and marginal costs are determined.