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due in 20mns. thanks. QUESTION 1 A monopoly faces the following demand curve; Q(P) = 20,600-824P Its total cost function is: TC(Q) = $15Q+ $600

due in 20mns. thanks.

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QUESTION 1 A monopoly faces the following demand curve; Q(P) = 20,600-824P Its total cost function is: TC(Q) = $15Q+ $600 Calculate the profit maximizing quantity QUESTION 2 For the monopoly in the previous question Calculate the profit maximizing price QUESTION 3 For the monopoly in the previous question Calculate the profits at the profit maximizing price and quantity

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