Question: A monopolist faces a demand function Y = a(P^). If the firm has a cost function c(y) = 2 +y^2 and a = 1, =

A monopolist faces a demand function Y = a(P^). If the firm has a cost function c(y) = 2 +y^2 and a = 1, = 5, solve for the firm's optimal output and price

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