jjtavory7092 jjtavory7092
  • 29-01-2024
  • Mathematics
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suppose the demand equation for a monopolist's product is P=400-2Q and the average cost function is C=0.2q +4+(400/q), where q is number of units, nd both p and c are expressed in dollars per unit.

a) determine the level of output at which profit is maximized

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