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You are a monopolist and your inverse demand curve and cost function are the following: P = 90- (3Q/2) TC(Q) = 400Q + [(Q^3)/2] The
You are a monopolist and your inverse demand curve and cost function are the following:
P = 90- (3Q/2)
TC(Q) = 400Q + [(Q^3)/2]
The MC (Marginal Cost) is:
Select one:
a. 3Q^2
b. 400
c. 400+(3/2)(Q^2)
d. Q^2
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The Chinese Economy Transitions And Growth
Authors: Barry Naughton
1st Edition
0262640643, 9780262640640
