Find how many units of output monopolist would sell

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1.Calculate monopoly output, price, and maximum profit when the market demand curve is QD = 20 - 2p, MC = 4Q, and TC = 2Q2. If a new innovation enables the monopoly to cut its costs by 50%, but it costs $50 to adopt this innovation, what will the monopolist do?

2. A monopolist that can practice perfect price discrimination has the market demand curve Q = 100 -p . Its marginal and average costs are MC = ATC = 20 Find how many units of output it would sell, price for the last unit sold and its total profit.

Reference no: EM13219407

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