P=100-30+4A1/2 and TC=4Q2+10Q+A Where p= Price ,Q=quantity , A=advertising

a) Find the equilibrium of quantity and advertisement price
b) Compute the degree of monopoly power

3 answers

P=100-30+4A1/2 and TC=4Q2+10Q+A Where p= Price ,Q=quantity , A=advertising
a) Find the equilibrium of quantity and advertisement price
b) Compute the degree of monopoly power

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