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A monopolist estimates its demand curve as Q = 50 P -4 . The monopolist knows its MC is a constant marginal cost of 75.The
A monopolist estimates its demand curve as Q = 50 P-4. The monopolist knows its MC is a constant marginal cost of 75.The monopolist's profit-maximizing price is:Please round to 2 decimals, for example 37.15 or 52.82.
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