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The demand equation for a monopolist's product is p = 200 - 0.98 q , where p is the price per unit (in dollars) of

The demand equation for a monopolist's product isp= 200 - 0.98q, wherepis the price per unit (in dollars) of producingqunits. If the total costc(in dollars) of producing 8 units is given byC= 0.02q2+ 2q+ 8000.Find the level of production at which profit is maximized.

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