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Monopolist purely competitive firm

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Reference no: EM132268252

This Situation compares a monopolist to a purely competitive firm( Both with same demand and cost conditions).

Demand: P = 22 - Q

Cost: Total Cost = 10 + Q + .5Q2

Please show all work:

Monopolist Purely competitive Firm

Price:

Quantity:

Profit:

Reference no: EM132268252

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