Question: if the demand function is q=110-0.2p(price function :p=550-5q) and the cost function tc=50+20q+q^2,calculate the price,quantity and profit of the market was operated by a monopolist
if the demand function is q=110-0.2p(price function :p=550-5q) and the cost function tc=50+20q+q^2,calculate the price,quantity and profit of the market was operated by a monopolist
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