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Please solve and explain in detail the questions in each of the snapshot/picture. Question-A: Monopoly: P = 400 - 2Q - TR = 400Q 2Q
Please solve and explain in detail the questions in each of the snapshot/picture.
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Monopoly: P = 400 - 2Q - TR = 400Q 2Q MR = 400-4Q MR = MC 400 - 4Q = 40 Q = 90, P = 220, Profit = 16,200 Q = 200 -0.5P & C = 40Q Perfect Competition: MC = 40 Q=?, P =?, Profit =?
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