Find the optimal monopoly price the elasticity of demand at, Econometrics

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Find the optimal monopoly price the elasticity of demand at

Find the optimal monopoly price, the elasticity of demand at the optimal price, and the output distortion with respect to the perfectly competitive levels for the following cost and demand functions:

a. Q(p)= a-p andC(Q)=cQ

b. Q(p) = p^-a and C(Q) = cQ.

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Econometrics: Find the optimal monopoly price the elasticity of demand at

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Econometrics: Find the optimal monopoly price the elasticity of demand at

Reference No:- TGS0572808

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Econometrics: Find the optimal monopoly price the elasticity of demand at

Reference No:- TGS0572808

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