What is the actual lerner index

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The market demand for another product you are considering selling is Q(p) = 100 ? (1)p and as the 2

Only producer of this product your production costs would be C(Q) = 40Q

What is the actual Lerner Index?

Reference no: EM13770640

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Market demand for product you are considering selling : The market demand for another product you are considering selling is Q(p) = 100 ? ( 1 )p and as the 2. only producer of this product your production costs would be C(Q) = 40Q. Given these market characteristics, what is the Lerner Index equal to (as ..
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