Determine firms profix maximizing level of output and price

Reference no: EM13218257

An oligopoly firm faces a kinked demand curve with segments given by:P=100-Q and P=120-2Q, where P is the price and Q is the quantity demanded. The firm has a constant marginal cost, MC of $45. A. Determine the firm's profix maximizing level of output and price.

Reference no: EM13218257

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