Question
a firm has a propietary technology and demand for the technology is given by Q_d=5-4P where Q_d is the quantity demanded for the licenses of
a firm has a propietary technology and demand for the technology is given by Q_d=5-4P
where Q_d is the quantity demanded for the licenses of the technology per year and P is the price of the licenses.
- To maximize profits, how much should the firm change for each liense
- Calculate (per year) consumer surplus, producer surplus and deadweight loss, with graphic
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
