A monopolist faces a market demand curve given by q 70, Business Economics

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A monopolist faces a market demand curve given by q 70

A monopolist faces a market demand curve given by: Q = 70 – P. This monopolist perfectly price discriminate among its customers. If the monopolist can produce at constant average and marginal costs of AC = MC = 6, what are the monopolist’s profits are equal to?

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Business Economics: A monopolist faces a market demand curve given by q 70

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