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Hey I need help solving the following problems. I am a graduate student taking ECON 705. You are a monopolist and your inverse demand curve
Hey I need help solving the following problems. I am a graduate student taking ECON 705.
You are a monopolist and your inverse demand curve and cost function are the following :
P=90-(3Q/2)
TC (Q) =400Q + [(Q^3/2}
The MC is :
You are a monopolist and your inverse demand curve and cost function are the following:
P=90- (3Q/2)
TC (Q) =400Q + [(Q^3/2}
The MR is
What is the monopolistic Firms marginal revenue function if inverse demand function for its product is : p=(1/2)a -2bQ?
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