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A monopolist has a cost function given by C(y)=y2 (MC=2y) and faces a demand curve given by y=120-P. a. What is her profit-maximizing level of

A monopolist has a cost function given by C(y)=y2 (MC=2y) and faces a demand curve given by y=120-P. a. What is her profit-maximizing level of output? b. What price will the monopolist charge?

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