Question: A monopolist has a cost function equal to C(Q)=6Q, and he faces a demand function that has a constant price elasticity of demand, equal to

A monopolist has a cost function equal to C(Q)=6Q, and he

A monopolist has a cost function equal to C(Q)=6Q, and he faces a demand function that has a constant price elasticity of demand, equal to =2. What is the price the monopolist charges? Recall that the monopolist has a markup equal to PPMC=1

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