dancer3225 dancer3225

30-05-2023
Business

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A monopoly faces the following demand curve:
Q(P) 11,000-125P
Its total cost function is:
C(Q) = $2675+300
Calculate the profit maximizing quantity
A firm in a monopolistically competitive market faces the following demand curve:
Q(P) 13,756-724P =
Its total cost function is:
C(Q) $11675+9Q
Calculate the profit maximizing quantity

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