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A monopoly is considering selling several units of a homogeneous product as a single package. Analysts at your firm have determined that a typical consumer's demand for the product is Qd = 60 - 0.25P, and the marginal cost of production is $80.
a. Determine the optimal number of units to put in a package.
b. How much should the firm charge for this package?
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Explain each of the three principles of ethical organizational communication, as outlined in Chapter Ten of your textbook. Then, describe how these principles are important during external organizational communication, such as lobbying, marketing ..
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