Suppose the demand curve isD(p) = 100 2p. What price would the monopolist set if he
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Suppose the demand curve isD(p) = 100 − 2p. What price would the monopolist set if he had 60 apartments? How many would he rent? What price would he set if he had 40 apartments? How many would he rent?
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He would set a price of 25 and rent 50 apa...View the full answer
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