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Natural Monopoly, Business Economics
Assume the firms cost function is: C(Q)= 100+10Q+Q^2 , Determine whether this industry is a natural monopoly when the demand function is:
1) D(P)= 100-3P
2) D(P)= 90-3P
3) D(P)= 100-2P
Posted Date: 12/18/2012 3:56:20 AM | Location : United States
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