A firm faces the following demand curvep 200

Economics

A firm faces the following demand curve

P= 200 - 0.2 Q

where Q is output and P is price. the firm's total cost function is given by TC=20,000 + 20 Q

a. what is the level of production

b. what is the price monopolist should charge

c. what is the level of profit

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92001314

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