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At what quantity would a monopolist maximize profits given

At what quantity would a monopolist maximize profits given the following information about her costs and market demand. Total cost of production TC=3000 + Q2. Market demand is given by : Q=3200-2P. What is the firms revenue function, what price would maximize revenue?

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Macroeconomics: At what quantity would a monopolist maximize profits given

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Solution Preview :

Prepared by a verified Expert

Macroeconomics: At what quantity would a monopolist maximize profits given

Reference No:- TGS0665998

Have a Question? (oR Write a Review)

Recent Questions Asked Macroeconomics

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Solution Preview :

Prepared by a verified Expert

Macroeconomics: At what quantity would a monopolist maximize profits given

Reference No:- TGS0665998

Recent Questions Asked Macroeconomics

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