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Important information about profit maximizing quantity

A monopolist has a constant marginal and average cost of $10 and faces a demand curve of Qd=1000-10P. Marginal revenue is given by MR=100-1/5Q. Calculate the monopolist's profit maximizing quantity, price, and profit.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9205993

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