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1. Suppose a monopolist faces the demand for its good or service equal to Q =...

1. Suppose a monopolist faces the demand for its good or service equal to Q = 130 - P. The firm's total cost TC = Q2 + 10Q + 100 and its marginal cost MC = 2Q + 10. The firm's profit maximizing output is

2. Suppose a monopolist faces the demand for its good or service equal to Q = 130 - P. The firm's total cost TC = Q2 + 10Q + 100 and its marginal cost MC = 2Q + 10. The firm's profit maximizing price is

3. Suppose a monopolist faces the demand for its good or service equal to Q = 130 - P. The firm's total cost TC = Q2 + 10Q + 100 and its marginal cost MC = 2Q + 10. The firm's profit is

4. Suppose a monopolist faces the demand for its good or service equal to Q = 130 - P. The firm's total cost TC = Q2 + 10Q + 100 and its marginal cost MC = 2Q + 10. If this market were perfectly competitive, the market output is

5. Suppose a monopolist faces the demand for its good or service equal to Q = 130 - P. The firm's total cost TC = Q2 + 10Q + 100 and its marginal cost MC = 2Q + 10. If this market were perfectly competitive, the market price is

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