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A particular monopolist has a demand curve and cost function for its product estimated to be P = 250 - 0.15Q and TC = $25,000 + $10Q. find out the profit-maximizing price and output level for this monopolist.

a. Q = 1600 and P = $10

b. Q = 800 and P = $130

c. Q = 833 and P = $130

d. Q = 2500 and P = $10

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M964908

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