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A monopolist faces a demand Q(p)=200-5p and have total costs C(q)=10q. What is the monopolists's choice...

A monopolist faces a demand Q(p)=200-5p and have total costs C(q)=10q. What is the monopolists's choice of output level? What is the price level in this market when the firm maximizes profit? What is the monopolist’s maximum profit?

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Rahul Sunny answered 2 years ago
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