Question
Price A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC(Q)=AC (Q) for all Q Calculate
Price A monopoly face the following demand, marginal revenue and marginal cost functions Note that in this case MC(Q)=AC (Q) for all Q Calculate consumer surplus if the monopoly charges the single profit maximizing price 156 132 120 108 96 84 60 48 36 12 0 0 45 90 135 180 225 270 315 Quantity 360 MR-MC-AC 405 450 495 540 535
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Cambridge IGCSE And O Level Additional Mathematics Coursebook
Authors: Sue Pemberton
2nd Edition
1108411665, 9781108411660
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