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Given demand curve of the monopolist :Q=30-0.3P,& given the cost function C=2Q2+20Q+10, a)find the profit maximizing level of o...Asked by dess
1. Given demand curve of the monopolist :Q=30-0.3P,& given the cost function C=2Q2+20Q+10,
a)find the profit maximizing level of output &price
b)determine the max possible profit.
c)check for the 2nd order condition.
a)find the profit maximizing level of output &price
b)determine the max possible profit.
c)check for the 2nd order condition.
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