Find equilibrium profit
Problem: There is a monopoly firm. Their cost is given by 6Q^2. Therefore the marginal cost becomes 2*6Q. Demand is given by P=52-3Q so marginal revenue is 52-2*3Q. Find Equilibrium profit
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Therefore the marginal cost becomes 2*6Q. Demand is given by P=52-3Q so marginal revenue is 52-2*3Q. Find Equilibrium profit
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