question archive Suppose a monopolist faces the demand curve [Math Processing Error]P=162−2Q
Suppose a monopolist faces the demand curve [Math Processing Error]P=162−2Q
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Suppose a monopolist faces the demand curve [Math Processing Error]P=162−2Q. The monopolist's marginal costs are a constant $27 and they have fixed costs equal to $55. Given this information, what will the profit-maximizing price be for this monopolist?
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