QUESTION 1 A monopoly,f faces the following demand curve: CHIP) = 20,500 824P Its total cost function is: TCIO} = 5; 150+ $600 Calculate the
QUESTION 1 A monopoly,f faces the following demand curve: CHIP) = 20,500 824P Its total cost function is: TCIO} = 5; 150+ $600 Calculate the prot maximizing quantity : QUESTION 2 For the monopoly in the previous question Calculate the prot maximizing price : QUESTION 3 For the monopoly in the previous question Calculate the prots at the prot maximizing price and quantity
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