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What is the monopolist profit-maximizing rate of production

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Reference no: EM13329229

A monopolist has a constant marginal and average cost of $10 and faces a demand curve of:

Qd=1000-10P

The firm's marginal revenue curve is equal to

MR= 100-0.2Q

What is the monopolist's profit-maximizing rate of production?What is the monopolists's profit-maximizing price?

Reference no: EM13329229

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