A monopolists demand curve is p 100-q and the total cost
A monopolist's demand curve is P = 100-Q and the total cost curve is TC = 16 + Q^2. The associated marginal cost curve is MC = 2Q. What is the profit maximizing quantity and price, and what will be the economic profit?
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How thw economy revoves from a recession and returns to its long-run equilibrium with out any policy intervention.
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