Consider a monopolist with TC = 1,500 + 2Q a. If demand is given by Q =

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Consider a monopolist with TC = 1,500 + 2Q

a. If demand is given by Q = 80 – P, what is the monopoly price and quantity?

b. What are the profits?

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Air Transport Economics

ISBN: 9781032482538

4th Edition

Authors: Bijan Vasigh, Brian Pearce

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