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Inexpensive pocket calculators

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Before inexpensive pocket calculators were developed many science and engineering students used slide rules to make numerical calculations. Slide rules are no longer produced, which means nothing prevents you from establishing a monopoly in the slide rule market. Draw a graph showing the situation your slide rule firm would be in. Be sure to include on your graph your demand, marginal revenue, average total cost, and marginal cost curves. Indicate the price you would charge and quantity you would produce. Are you likely to make a profit or a loss? Show this area on your graph. (email as an attached picture/scan)

Reference no: EM132500112

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