A firm has a monopoly on a new type of gaming console the, Business Economics

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A firm has a monopoly on a new type of gaming console the

A firm has a monopoly on a new type of gaming console. The market demand is given by P=175.3-0.003*Q and thus marginal revenue is MR=175.3-0.006*Q. The monopolist's marginal cost is MC=5.2+0.001*Q. Calculate the profit-maximizing production quantity.

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Business Economics: A firm has a monopoly on a new type of gaming console the

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