Question
A monopolist is facing a market demand of y=1000-10p. If costs are nill, how many units of y will it want to sell in order
A monopolist is facing a market demand of y=1000-10p. If costs are nill, how many units of y will it want to sell in order yo maximise its profits?
Can someone help me with this please?
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Microeconomics
Authors: Paul Krugman, Robin Wells
5th edition
1319098780, 1319098789, 978-1319098780
