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Business, 27.11.2019 03:31 shaniqwakirkseyniqwa

Amonopoly market is characterized by the inverse demand curve p = 1,200 – 40 q and a constant marginal cost of $200. if the marginal cost of production rises to $400, the profit-maximizing output level units and the price rises by

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Amonopoly market is characterized by the inverse demand curve p = 1,200 – 40 q and a constant margin...
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