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Need help ASAP please and thank you Question 4 3 pts Suppose that the market for waterproof waffle irons has a dominant firm with a

Need help ASAP please and thank you

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Question 4 3 pts Suppose that the market for waterproof waffle irons has a dominant firm with a competitive fringe. The market inverse demand curve is: p = 120 - Q The marginal costs for the competitive fringe and the dominant firm are, respectively: MC = 10 + qf MCd = 7 Find the price the dominant firm charges. Show all work in your work file

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