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What is the profit maximizing price per drug treatment

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Reference no: EM132067761

The inverse demand for a drug that treats melanoma is given by P = 3,000 - 10Q, where Q measures the number of drug treatments and P is the price per treatment. Suppose that the marginal cost per drug treatment is constant at $50. What is the profit maximizing price per drug treatment?

Reference no: EM132067761

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