question archive Suppose that a monopolist faces a linear demand given by [Math Processing Error]Q(p)=100−2p
Suppose that a monopolist faces a linear demand given by [Math Processing Error]Q(p)=100−2p
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Suppose that a monopolist faces a linear demand given by [Math Processing Error]Q(p)=100−2p. The monopolist also pays a marginal cost of $1 for each unit produced. What is the optimal quantity that the monopolist will charge to maximize its profits?
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