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Industry demand is given by the inverse demand function log p = 100-2 log q, and monopoly produces with cost function c(Q) = 100

Industry demand is given by the inverse demand function log p = 100-2 log q, and monopoly produces with cost function c(Q) = 100 +2Q. 1. What is the monopolist's optimal P and Q? 2. What if fixed costs were equal to 200 instead of 100?

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