For each of the following demand and cost functions find


For each of the following demand and cost functions, find the monopoly outcome (price, quantity, and profit). Compare with the perfectly competitive outcome (first find the perfectly competitive outcome).

a) P = 200 − Q, T C = 200 + 10Q

b) P = 160 − 2Q, T C = 50 + Q2

c) P = 1200 − Q, T C = 20Q

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Business Economics: For each of the following demand and cost functions find
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