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16 Question 16 Ty has the monopoly over plush kitty with big eyes. The following equations describe the demand, the marginal cost, and the total

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Question 16 Ty has the monopoly over plush kitty with big eyes. The following equations describe the demand, the marginal cost, and the total cost, where Q is output in thousands and P is price per unit. Demand: P = 104 - Q Marginal revenue: MR=104 -2Q Marginal cost: MC = 4 + 3Q The optimal amount of production is of 10.5 kitties. 50 kitties. 0 kitties. 20 kitties

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