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7. A monopolist produces gadgets at a marginal cost of $10 per unit and has fixed costs of $200. Its inverse demand function is

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7. A monopolist produces gadgets at a marginal cost of $10 per unit and has fixed costs of $200. Its inverse demand function is P 50 - Q. What is the firm's profit-maximizing quantity? [ Select ] [ Select ] 20. 10. 5. None of these answers are correct.

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