1.

If the profit-maximizing output level of a monopoly firm is q=50, the demand curve is p= 20 -0.1q and ATC at the output level of 50 is Rs 7, what is the total profit?

Answer»

If the profit-maximizing output level of a monopoly firm is q=50, the demand curve is p= 20 -0.1q and ATC at the output level of 50 is Rs 7, what is the total profit?




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