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Single monopolistic firm

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Reference no: EM1391265

A single monopolistic firm provides pick-up of recyclable goods (bottles, cans, paper, etc.) in the city.

The inverse demand for recycling pick-up is P = 50 - Q where Q is in tons of recyclables and P is the price per ton. The firm's total costs are = 10Q + 1.5Q^2

Reference no: EM1391265

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