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The drug company faces a demand curve given by y = 100 - 2p. Its cost function is c(y) = 2y . What is its
The drug company faces a demand curve given by y = 100 - 2p. Its cost function is c(y) = 2y . What is its optimal level of output and price during and after the patent life?
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Intermediate Microeconomics
Authors: Hal R. Varian
8th edition
393934241, 978-0393934243
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