Question
A monopoly market for a good has demand function Q=1002P. The monopolist firm uses uniform pricing and has a constant marginal cost of 10. What
A monopoly market for a good has demand function Q=1002P. The monopolist firm uses uniform pricing and has a constant marginal cost of 10. What is the optimal price for the monopolist?
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
