Question: A monopoly seller faces a demand curve ? (?) = 120 - 4p. The cost is ?(?) = 2 +02 a) Write down the profit

A monopoly seller faces a demand curve ? (?) = 120

A monopoly seller faces a demand curve ? (?) = 120 - 4p. The cost is ?(?) = 2 +02 a) Write down the profit as a function of quantity and check that the second order condition is satisfied

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