What is the monoploists profit maximizing quantity

Reference no: EM13184209

A firm is a monopoly with demand p+120-y and cost TC=y^2-4y+1000. suppose the government imposes a price ceiling of $90. what is the monoploist's profit maximizing quantity when the price ceiling is in place? what if the price ceiling is $80?

Reference no: EM13184209

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