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Asked by mike Gee

Assume a monopolist with the following:
a. Qd = 100 – 10p
b. TC = 1 + 2Q
Find the following:

Price at profit max
Quantity at profit max
TR at profit max
TC at profit max
Profit
15 years ago

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Question

Assume a monopolist with the following:
a. Qd = 100 – 10p
b. TC = 1 + 2Q
Find the following:

Price at profit max
Quantity at profit max
TR at profit max
TC at profit max
Profit

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