1.4 Is a monopolys profit affected if it chooses price or quantity (assuming it chooses them optimally)?...

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1.4 Is a monopoly’s profit affected if it chooses price or quantity (assuming it chooses them optimally)? Why can’t a monopoly choose both price and quantity?

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Managerial Economics And Strategy

ISBN: 9780135640944

2nd Global Edition

Authors: Jeffrey M. Perloff, James A. Brander

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