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If 2 monopolist's market demand curve 1s p = 120 4Q, the monopolist's total cost function1s C = 10 + 2Q2, and its marginal cost
If 2 monopolist's market demand curve 1s p = 120 4Q, the monopolist's total cost function1s C = 10 + 2Q2, and its marginal cost function 1s MC = 4Q, then what 1s the firm's maximum profit? [Hints: How exactly does the slope of this monopolist's marginal revenue curve compare to the slope of 1ts demand curve?] A) 180 B) 396 C) 440 D) 590
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