A find the monopolists profit-maximizing quantity and price
A Monopolist has demand and cost curves given by:
QD = 1000 - 2P
TC = 5000 + 50Q
a. Find the monopolist's profit-maximizing quantity and price.
b. Find the monopolist's profit.
Please give clear answers, thank you.
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a monopolist has demand and cost curves given byqd 1000 - 2ptc 5000 50qa find the monopolists profit-maximizing
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