Suppose a monopolist has an inverse demand function given, Econometrics

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Suppose a monopolist has an inverse demand function given

1. Suppose a monopolist has the demand function Q = 1,000P^-3. What is the monopolist's optimal markup of price above marginal cost?

2. Suppose a monopolist has an inverse demand function given by P = 100Q^-1/2. What is the monopolist's optimal markup of price above marginal cost?

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Econometrics: Suppose a monopolist has an inverse demand function given

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