Suppose a firm faces the demand function q = 800 - 4P. The firm's total production costs

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Suppose a firm faces the demand function q = 800 - 4P. The firm's total production costs are given by MC(q) = 9.5q + q2.

a. If the firm cannot price-discriminate, what are its profit-maximizing output and price?

Posted Date: Jun 13, 2024 12:13 AM

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Suppose a firm faces the demand function q = 800 - 4P. The firm's total production costs

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