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What are the firm profit-maximizing price

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Reference no: EM132240965

A monopoly's demand function is Q=1280p^-2 A^0.5, where Q is it s quantity, p is its price and A is the level of advertising. Its constant marginal and average cost of production is 8, and its cost of a unit of advertising is 1. What are the firm's profit-maximizing price, quantity and level of advertising?

Reference no: EM132240965

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