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    Demand Curve and Profit

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    Suppose the demand curve for a monopolist is QD = 500 - P, and the marginal revenue function is MR = 500 - 2Q. The monopolist has a constant marginal and average total of $50 per unit.

    Calculate the monopolist 's profit.

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    https://brainmass.com/math/curves/demand-curve-profit-248690

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    Demand curve
    Suppose the demand curve for a monopolist is QD = 500 - P, and the marginal revenue function is MR = 500 - 2Q. The ...

    Solution Summary

    The expert examines demand curve and profits.

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