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1. What is the optimum output for this monopoly?2. What is the optimum price for this monopoly?3. What is the profit for this monopoly? Suppose

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1. What is the optimum output for this monopoly?2. What is the optimum price for this monopoly?3. What is the profit for this monopoly?

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Suppose this is the market info related to a monopoly firm: TR TC= profit TO = 200 + 40 + 0.25Q2 MC = 4+0.50 Demand: P = 100 -0.15Q TR =100Q - 0.15Q2 in function form (P*Q is also true) MR = 100 - 0.3Q Questions 1-3 RQ6.2.1 Homework . Unanswered What is the optimum output for this monopoly

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