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Member since March 15, 2019
LilyT
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Economics
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Profit maximizing
Fri 15 Mar, 2019 10:05 am -
A dominant firm operates in various markets. In one of these markets, it is a monopolist and produces with the following cost function: C(q1) = 5q1. The market demand is P = 1005 - Q. Find the...
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