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As a pioneer of Blue Ray DVD technology, Sony was the only producer of the HD players. Market demand and long run total cost were

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As a pioneer of Blue Ray DVD technology, Sony was the only producer of the HD players. Market demand and long run total cost were estimated to be: P = 1300 - 2Q TC = 400Q + Q2 Where P is dollars per unit and Q is level of production and sales in thousands of units. 23) The monopolist market equilibrium P is: (2pts) 1000 225 850 150 None of the above

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