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A monopolist faces the market demand curve: P = 36 - Q.The monopolist is thinking of producing its output in different plants to minimize per
A monopolist faces the market demand curve: P = 36 - Q.The monopolist is thinking of producing its output in different plants to minimize per unit cost of production [Multiplant monopoly]. For each plant the cost is TC = 36 + 4q2. What is the profit maximizing number of plants operated by the monopoly?
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