Question
A single-price monopolist has the following equations representing its marginal cost and demand curves: Q-800-1/3 P MC-20 What are this monopolist's profit maximizing price
A single-price monopolist has the following equations representing its marginal cost and demand curves: Q-800-1/3 P MC-20 What are this monopolist's profit maximizing price and quantity?
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
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