(Answered) A monopoly has demand given through p20000-25q and costs

Economics

A monopoly has demand given through P=20,000-25Q, and costs given through C(Q)=100Q+25Q2. Determine the profit maximizing level of price and output. A regulator wants to set P=MC. Is this feasible? Discuss an alternative regulatory regime, and discuss the merits of both.

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Microeconomics, Economics

Category:- Microeconomics
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