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A firm faces the following demand curve
P= 200 - 0.2 Q
where Q is output and P is price. the firm's total cost function is given by TC=20,000 + 20 Q
a. what is the level of production
b. what is the price monopolist should charge
c. what is the level of profit
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q1. one of the most important areas of economic that namely use of leading economic indicators to forecast the future
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