Question: The monopoly faces a demand curve given by D (p) = 100 - 2p. Its cost function is c (y) = 2y. (a) What is

The monopoly faces a demand curve given by D (p) =

The monopoly faces a demand curve given by D (p) = 100 - 2p. Its cost function is c (y) = 2y. (a) What is its optimal level of output and price? (b) What is the mark-up

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