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A monopolist demand function is given by P = 80 - 4Q (Eighty minus four Q). Its total costs is given by TC = 10Q
A monopolist demand function is given by P = 80 - 4Q (Eighty minus four Q). Its total costs is given by TC = 10Q + Q2 (Ten Q plus squared). How much profit is the monopolist making? O 300 200 O 120 O 245 Clear my choice
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