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Monopolist profit-maximizing price

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A monopoly has costs described by TC(Q)=7500+20Q. Demand is described by P=100-0.2Q. What is the monopolist's profit-maximizing quantity (Q)?

A monopoly has costs described by TC(Q)=7500+20Q. Demand is described by P=100-0.2Q. What is the monopolist's profit-maximizing price (P)?

Reference no: EM131521086

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