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The demand for a monopoly is p 60 - 03qd where p price


The demand for a monopoly is P = 60 - 0.3QD. Where P = Price and QD = Quantity Demand.

a) Plot Demand and Marginal Revenue curves. 

b) What is the equation for the firm's marginal revenue? 

c) At what output level would the monopoly maximize total revenues?

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Business Economics: The demand for a monopoly is p 60 - 03qd where p price
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