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a. What are the values of P and Q that maximize profits for the monopolist? b. Calculate the profit of the monopolistic firm. c. What
a. What are the values of P and Q that maximize profits for the monopolist?
b. Calculate the profit of the monopolistic firm.
c. What levels of outputs and prices would maximize the profit of the monopolist in each market?
d. What are total profits in this situation?
e. Compare solutions to parts a and b with solution to parts c and d?
I want the answer as soon as possible thx
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