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Consider a monopolist who only faces fixed costs in their production. Suppose the market demand curve for the good the monopolist sells is described by

Consider a monopolist who only faces fixed costs in their production. Suppose the market demand curve for the good the monopolist sells is described by Q = 50 - 25P (or P = 2 - 0.04Q). What is the profit maximizing price for this monopolist? 5 points Save

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