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Suppose you are a model tractor manufacturer who faces a demand function of Q = 640 - 2 P . What if the total cost
Suppose you are a model tractor manufacturer who faces a demand function of Q = 640 - 2P. What if the total cost of producing tractors is TC = 100+2Q2. If the monopolist is restricted to charging a single price, what is the optimal price to charge in this market?
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