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The inverse demand curve a monopoly faces is p=1302. The firm's cost curve is C(O)=40+60. What is the profitmaximizing solution? The profitmaximizing quantity is '2
The inverse demand curve a monopoly faces is p=1302. The firm's cost curve is C(O)=40+60. What is the profitmaximizing solution? The profitmaximizing quantity is '2 (Round your answer to two decimal places.) The profit-maximizing price is ? (round your answer to two decimal places.)
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