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What is monopolist''s profit maximizing combination of price

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A monopolist has the following cubic cost function TC = 0.08Q3 - 8.2Q2+ 2000Q + 32000 If the market demand function for the firm's product is P = 3400 - 14Q

What is the monopolist's profit maximizing combination of price and quantity? What is the firm's profit?

Reference no: EM13877279

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