2. In a market, the demand is Q = 50 - P. A monopoly company operating...

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2. In a market, the demand is Q = 50 - P. A monopoly company operating in this market has the cost function C = 150. (a) Illu

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50 0-50-P P=ro-o c=150/mc=15 Penie a = 50-P P-50-6 32.5 TR=500-02 MR=50-20 me=$15 Mc=0C - 15 los 25 so- b) Profit is max when

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2. In a market, the demand is Q = 50 - P. A monopoly company operating...

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