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Exams coming up-please help with this short past paper Economics question! Thanks!?
Consider a monopolist with the following cost and demand conditions: P = 100-2Q
and C(Q) = 50+Qsquared
a. Determine the (i) profit-maximizing output, (ii) price and (iii) profits for this monopolist
1 Answer
Relevance
- Anonymous1 decade agoFavorite Answer
Earn your qualifications, don't beg for them. Have you no self-respect?
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