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Question 1 Suppose that a monopolist whose marginal cost curve is MC(Q) = Q faces the demand curve P =10-20. The monopolist's profit-maximizing quantity is
Question 1 Suppose that a monopolist whose marginal cost curve is MC(Q) = Q faces the demand curve P =10-20. The monopolist's profit-maximizing quantity is 2 (3 (10/3) (4) Question 2 Suppose that a monopolist whose marginal cost curve is MC(Q) = Q faces the demand curve P =10-2Q. The monopolist's profit-maximizing price is (1) $2 2) $(10/3) $4 $6
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