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A monopolist's market demand is given by P = 40-Q. His marginal cost of production is 2Q. What price will the monopolist charge? (hint: remember
A monopolist's market demand is given by P = 40-Q. His marginal cost of production is 2Q. What price will the monopolist charge? (hint: remember MR = P-bq) O $10 O $0 O $40 O $30
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