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    Profit Maximizing Quantity and Price

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    Suppose a monopolist faces demand P=400-4Q^d and has a constant marginal cost MC=80.

    Graph, Demand, Marginal Revenue, and Marginal Cost.
    Find Profit Maximizing Quantity and Price the monopolist will charge.

    © BrainMass Inc. brainmass.com October 9, 2019, 8:37 pm ad1c9bdddf
    https://brainmass.com/economics/microeconomics/profit-maximizing-quantity-price-157043

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    Suppose a monopolist faces demand P = 400 - 4Qd and has a constant marginal cost MC = 80. ...

    Solution Summary

    Profit Maximizing Quantity and Price are determined.

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