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You are the manager of a monopoly, and your analysts have estimated your demand function as Qxd= 1000 10Px and your costs function as: TC=400+2Q+4Q2
You are the manager of a monopoly, and your analysts have estimated your demand function as
Qxd= 1000 10Px
and your costs function as:
TC=400+2Q+4Q2
Calculate maximum profits.
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