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The demand for a good is described by Qd

Question # 00542371
Subject: Economics
Topic: Microeconomics
Due on: 06/08/2017
Posted On: 06/08/2017 04:59 AM

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The demand for a good is described by Qd = 120 – 2P. The good can be produced at a variable cost of 2Q^2, with fixed cost of $100.

How much output would this monopolist sell?

What price would this monopolist charge?

What profit would this monopolist make?

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The demand for a good is described by Qd

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