Suppose a monopolist has the demand function Q = 1,000P-3. What is the monopolist's optimal markup of

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Suppose a monopolist has the demand function Q = 1,000P-3. What is the monopolist's optimal markup of price above marginal cost?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 05:00 AM

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Suppose a monopolist has the demand function Q = 1,000P-3. What is the monopolist's optimal markup of

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With demand Q 1000 P 3 elasticity along the dem...View the full answer

Microeconomics

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