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QUESTION 11 1. Consider a single price monopolist that faces the following demand curve: p=150-Q. The total cost curve for this monopolist is given by

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QUESTION 11 1. Consider a single price monopolist that faces the following demand curve: p=150-Q. The total cost curve for this monopolist is given by the following: TC=100+10Q+Q2. Which of the following is true? 2. The monopolist will set price equal to 115 and sell 35 units. The monopolist will set price equal to 35 and sell 115 units. The monopolist will set price equal to 30 and sell 120 units. The monopolist will set price equal to 60 and sell 90 units. More information is required to answer this

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