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QUESTION 1 A monopoly faces the following demand curve: CHIP) = 3,408 24F Its total cost function is: (IO) = $ 12,400 + 1220 Calculate

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QUESTION 1 A monopoly faces the following demand curve: CHIP) = 3,408 24F Its total cost function is: (IO) = $ 12,400 + 1220 Calculate The prot maximizing quantity : QUESTION 2 Using the cost and demand functions from the previous question, calculate the prot maximizing price : QUESTION 3 Continuing from the previous questions, calculate the profits at the prot maximizing price and quantity

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