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The diagram below shows the equilibrium condition of a zero cost monopolist. Find out the quantity produced by such a firm, explain

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The firm will produce oq1 level of output to maximise the profit. Because at this level of output, the firm satisfies a condition that is MR = MC. Since the firm faces zero cost its MR also will be zero. For this equilibrium, MR and MC should be equal. Since MC is zero in all level of output the firm will produce at a level where its MR is zero.

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