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Economics: The total cost and inverse demand equations for a monopolists are: TC=100+5Q^2 P=200-5Q a. What is the profit-maximizing quantity? b. What is the profit
Economics:
The total cost and inverse demand equations for a monopolists are:
TC=100+5Q^2
P=200-5Q
a. What is the profit-maximizing quantity?
b. What is the profit maximizing price?
c. What is the monopolists maximum profit?
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