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maximum monopoly quantity
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Calâ??s Cab Company (CCC) has a taxi monopoly in Wen Kroy. The demand for taxi services in Wen Kroy is given by Q = 1,500 - P. CCCâ??s costs are given by TC = 100 - Q2 + 5Q3. Its maximum monopoly QUANTITY is:
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Solution Summary
The maximum monopoly quantity is computed.
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