question archive A monopolist has the cost function of C(q)=675+50q+1
A monopolist has the cost function of C(q)=675+50q+1
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A monopolist has the cost function of C(q)=675+50q+1.5q2C(q)=675+50q+1.5q2 and its inverse demand function is given by p=150−qp=150−q. Up until what market quantity is it a natural monopoly?
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