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What is the monopolists profit-maximizing rate of

A monopolist has a constant marginal and average cost of $10 and faces a demand curve of:

Qd=1000-10P

The firm's marginal revenue curve is equal to

MR= 100-0.2Q

What is the monopolist's profit-maximizing rate of production?What is the monopolists's profit-maximizing price?

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Solution Preview :

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Macroeconomics: What is the monopolists profit-maximizing rate of

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Macroeconomics: What is the monopolists profit-maximizing rate of

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Recent Questions Asked Macroeconomics

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