Calculate the monopolists profit maximization output

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The Coolidge Corporation is the only producer of a particular type of laser. The demand curve for its product is: Q = 8,300 -2.1P and it total cost function is TC = 2,200 + 480Q +20Q^2

Calculate the monopolist's profit maximization output. Calculate the elasticity of demand at its profit maximizing output.

Reference no: EM13239660

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