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English, 15.12.2021 22:10 issaicnotisaac
The market demand curve faced by an imperfectly competitive
(monopolistic competition) firm is
QD = 401 – 5P
The firm's total cost curve is
TC = 5 + 45Q -10 Q2+ Q3
Calculate the firm's profit-maximizing level of output and the
corresponding price, total revenue, total cost, and profit.
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The market demand curve faced by an imperfectly competitive
(monopolistic competition) firm is
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