Question: As a profit maximizing monopolist, you face the demand curve Q = Î± + Î² P + Îµ. In the past, you have set the

As a profit maximizing monopolist, you face the demand curve Q = Î± + Î² P + Îµ. In the past, you have set the following prices and sold the accompanying quantities: Suppose that your marginal cost is 10. Based on the least squares regression, compute a 95 percent confidence interval for the expected value of the profit maximizing output.

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