Explaim how much output in order to maximize profit

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would you agree that computerized corporate planning models were a fad during the 1990s but that because of a need of flexibitlity in corporate planning, they are no longer used by firms?

A monopolist faces a demand curve given by P=105-3Q P is price, Q is quantity demanded. Marginal cost of production is $15.00. No fixed costs. Explaim how much output in order to maximize profit?

 

Reference no: EM1350122

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