Consider a monopolist in a market with linear inverse, Business Economics

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Consider a monopolist in a market with linear inverse

Consider a monopolist in a market with linear inverse demand p(q) = 4 minus q/2. The monopolist's cost function is c(q) = 2q. Write down the monopolist's profit function. Compute the profit-maximizing quantity and the corresponding price. Please show all work.

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Business Economics: Consider a monopolist in a market with linear inverse

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Business Economics: Consider a monopolist in a market with linear inverse

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