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Problem Set #1. Market Power A monopoly has the following demand, marginal revenue and marginal costs: Demand: P = 72 Q Marginal revenue: MR
Problem Set #1. Market Power A monopoly has the following demand, marginal revenue and marginal costs: Demand: P = 72 Q Marginal revenue: MR - 72 -2Q Constant marginal cost: MC = 12
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
2nd edition
134167879, 134167872, 9780134168319 , 978-0134167879
