Calcutate the amount of profit that this firm earns

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Reference no: EM13183478

A monopolist produces according to the following demand curve: p=200 - 4Q. Assume that the firm faces a constant marginal cost and constant average total cost of 60 per unit produced.

A.calculate the optimal output that this monopolist should produce?

B. Calculate the price that this monopolist should charge?

C. Calcutate the amount of profit that this firm earns?

Reference no: EM13183478

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