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You are a manager of a rm like J.P. Licks, a monopolistically competitive ice cream store in Boston. You are determining the price and quantity

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You are a manager of a rm like J.P. Licks, a monopolistically competitive ice cream store in Boston. You are determining the price and quantity of your Cookies 'n' Cream Pie. Economists you have hired report that the marginal cost of an ice cream pie is constant and is equal to $10 per pie. They also report that the demand is given by: Q = 300 - 1GP, where Q is the quantity of ice cream pies demanded per day and P is their price. The prot-maximizing price of Cookies 'n' Cream Pies is 35D. (Round your answer to two decimal places.) The prot-maximizing quantity of Cookies 'n' Cream Pies is El pies

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