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QUESTION 21 Consider a monopoly, where the demand curve is given by P = 100 -Q, marginal revenue is given by MR = 100 -2Q,

QUESTION 21 Consider a monopoly, where the demand curve is given by P = 100 -Q, marginal revenue is given by MR = 100 -2Q, total cost is given by TC = 10 + 10Q, and marginal cost is given by MC = 10. Solve for the monopolist's profit. 2015 -2015 O 2465 O-2465

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