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Suppose a monopoly faces the following demand function: P=100520Q. And the monopoly has the following cost function: C(q)=5q^2+5q+100. What is the monopolist's profit-maximizing quantity? How
Suppose a monopoly faces the following demand function: P=100520Q. And the monopoly has the following cost function: C(q)=5q^2+5q+100. What is the monopolist's profit-maximizing quantity? How much will they sell their product for?
Q* =
P* = $
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