Onesource is a producer in a monopoly industry the demand, Business Economics

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Onesource is a producer in a monopoly industry the demand

OneSource is a producer in a monopoly industry. The demand curve, total revenue curve, marginal revenue curve and total cost curve for OneSource are given as follows:

Q=160-4P TR=40Q-0.25Q2 MR=40-0.5Q TC=4Q MC=4

a) How much output will Barbara produce?

b) What price will OneSource charge for the output?

c) How much profit will OneSource make?

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Business Economics: Onesource is a producer in a monopoly industry the demand

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Business Economics: Onesource is a producer in a monopoly industry the demand

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