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Suppose that a firm with market power can perfectly price-discriminate and faces the demand function q = 400 - 4P. The firm's marginal costs are

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Suppose that a firm with market power can perfectly price-discriminate and faces the demand function q = 400 - 4P. The firm's marginal costs are given by MC (q) = 2q + 0.12q2. If the firm cannot price-discriminate, identify the firm's profit-maximizing output and price. Round your answers to two decimal places. profit-maximizing output: optimal price: $

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