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    Profit Maximizing Price in Market Structure

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    Market Structure and Policy. See attached file for full problem description.

    © BrainMass Inc. brainmass.com October 9, 2019, 7:03 pm ad1c9bdddf
    https://brainmass.com/economics/economic-policy/profit-maximizing-price-market-structure-106375

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    (a) The MR curve starts from the top point of the demand curve and goes to half the width on the
    horizontal axis. The MC curve is a straight horizontal line at P = 6. The point of intersection of these
    two lines, when projected to the horizontal axis, gives the profit-maximizing ...

    Solution Summary

    Find the profit maximizing price and other factors.

    $2.19