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Solve clearly Marginal revenue equals marginal cost when output equals q= 1.342 units and q= 2.608 units (Enter numenc responses using real numbers rounded to

Solve clearly
Marginal revenue equals marginal cost when output equals q= 1.342 units and q= 2.608 units (Enter numenc responses using real numbers rounded to three decimal places.) What is the profit-maximizing output? Check the second-order condition, at the monopoly optimum. The profit-maximizing output is q= 2608 unitsHomework: Chapter 11 Homework O Part 1 of 2 Question 3 Suppose that the inverse demand function for a monopolist's product is Q P=9 20 Its cost function is C=8+12Q-402, 203 3

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