11.17. Suppose a monopolist has the demand function Q ! 1,000P3 . What is the monopolists optimal...

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11.17. Suppose a monopolist has the demand function Q ! 1,000P"3

. What is the monopolist’s optimal markup of price above marginal cost?

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Microeconomics

ISBN: 9780470563588

4th Edition

Authors: David Besanko, Ronald Braeutigam

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