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Suppose that the inverse market demand for a new vaccine is P = 60 - 1/5000Q, and the marginal cost is $2 per vaccine. Assuming
Suppose that the inverse market demand for a new vaccine is P = 60 - 1/5000Q, and the marginal cost is $2 per vaccine. Assuming that the manufacturer is profit-maximizing, what will be the market price of this new vaccine?
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