Question: Exercise #1. Suppose a single-product monopoly facing a linear demand q = a p with a 0. The monopoly incurs a constant marginal cost 0

Exercise #1. Suppose a single-product monopoly facing a linear demand q
= a p with a 0. The monopoly incurs a constant marginal

Exercise #1. Suppose a single-product monopoly facing a linear demand q = a p with a 0. The monopoly incurs a constant marginal cost 0

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