4.2 In panel b of Figure 10.4, the single-price monopoly faces a demand curve of p =...
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4.2 In panel b of Figure 10.4, the single-price monopoly faces a demand curve of p = 90 - Q and a constant marginal (and average) cost of m = 30. Find the profit-maximizing quantity (or price) using math
(Chapter 9). Determine the profit, consumer surplus, total surplus, and deadweight loss.
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Managerial Economics And Strategy
ISBN: 9780135640944
2nd Global Edition
Authors: Jeffrey M. Perloff, James A. Brander
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