Monopolist faces-what is the firms marginal revenue

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Reference no: EM13976438

Suppose a monopolist faces the following market demand:

Q=100-P, where Q is the market quantity and P is the market price,

TC=100+40Q, is the short-run total cost,

What is the firms marginal revenue and the desired amount of units of production to maximize profit?

Reference no: EM13976438

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