What will be the profit under traditional monopoly pricing

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You are a monopolist selling bowties for dogs. If B is the number of bowties, you have a total cost given by C=(B^2)/2 and a Marginal cost given by MC=B. The market for bowties is characterized by an inverse demand curve of P=90-B. Under traditional monopoly pricing, what will your profit be?

Reference no: EM13218888

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