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- A monopolist has the following demand and marginal cost schedules: so 2 50 ' (a) If the monopolist practices single pricing, determine the price,
- A monopolist has the following demand and marginal cost schedules: so 2 50 ' (a) If the monopolist practices single pricing, determine the price, quantity and profit or loss of the monopolist. Assume there is no xed cost. - (b) If the market becomes perfectly competitive, determine the equilibrium price and quantity in the market
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