A natural monopoly has a cost function cq 400 25q and
A natural monopoly has a cost function c(q) = 400 + 25q and market demand D(p) = 200 - 2p. What is the monopoly's profit, output, and consumer surplus when the price is set to marginal cost? Average cost?
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a natural monopoly has a cost function cq 400 25q and market demand dp 200 - 2p what is the monopolys profit output
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