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A monopoly's demand function is Q = 32 - P/20.Its total cost function is $1,200 + 100Q.What price will the firm charge if it uses
A monopoly's demand function is Q = 32 - P/20.Its total cost function is $1,200 + 100Q.What price will the firm charge if it uses block pricing?
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$10,420
$7,290
$6,480
None of the answers listed is correct.
$9,990
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