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In a monopolistically competitive market, the demand for Zack's Rootbeer can be desribed as P=20-Q. The marginal revenue that Zack faces is MR=20-2Q. Also, the
In a monopolistically competitive market, the demand for Zack's Rootbeer can be desribed as P=20-Q. The marginal revenue that Zack faces is MR=20-2Q. Also, the marginal cost for the firm is MC=2Q. Find the optimal quantity that the firm sets
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Core Macroeconomics
Authors: Eric Chiang
3rd edition
978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435
