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Suppose that you are a monopolist in the market of a specific coffee shop. Your inverse demand curve and cost function are the following: P

Suppose that you are a monopolist in the market of a specific coffee shop. Your inverse demand curve and cost function are the following:

P = 60- (Q)

TC(Q) = 250+ [Q^2]

The Equilibrium Price P is:

Can you please show your work and explain how to get equilibrium price?

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