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Suppose because of advertising the monopoly's cost and demanded curve are: C=200+Q 2 P=50-Q MC=2Q MR=50-2Q D. Find the firm's profit maximizing Q E. Find
Suppose because of advertising the monopoly's cost and demanded curve are:
C=200+Q2
P=50-Q
MC=2Q
MR=50-2Q
D. Find the firm's profit maximizing Q
E. Find the firm's profit maximizing P
F. Find the firm's Profit
G. Was the advertising campaign successful? Compare w/1 Why?
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