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MBA 105 - The market demand and marginal cost

Question # 00621258
Subject: Economics
Due on: 11/24/2017
Posted On: 11/24/2017 05:19 AM

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The market demand and marginal cost functions for a product sold by a monopolist are given below:

Demand: QD = 100 - 2P

Marginal Cost: MC = 1.5Q

Based on this information, calculate the profit-maximizing price and quantity and the revenue maximizing price and quantity:

Tags cost marginal demand market quantity price cost marginal demand calculate profitmaximizing maximizing information revenue given product functions sold monopolist market based

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MBA 105 - The market demand and marginal cost

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