Q5 (10 points) Consider a monopolist's lisear demabd function P=122Q where P is the price...
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Q5 (10 points) Consider a monopolist's lisear demabd function P=122Q where P is the price of the good and Q is its quantity. The uonopolist's total coot function is TC=1Q25Q2+17Q+25 Determine the level of outper at which the monopotist should produce in order to maximize ber profits. What is the optimal price that corresponds with this quastity
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