A monopolist demand is D = P = $10 - $.05Qm; AC = MC = $2. The

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A monopolist demand is D = P = $10 - $.05Qm; AC = MC = $2. The profit-maximizing price (P) and output (Q) are: A.P = $6, Q = 40. B.P = $8, Q = 60. C.P = $6, Q = 80. D.P = $4, Q = 100. E.None of the above.

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Posted Date: Dec 08, 2020 02:36 PM

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A monopolist demand is D = P = $10 - $.05Qm; AC = MC = $2. The

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In the question given P 10 005 Q AC MC 2 Now calculating TR total revenue which is PQ so ... View the full answer

Microeconomics

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