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What price-quantity combination maximizes the profits

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Reference no: EM13337818

Monopoly manager has the demand and cost functiones as P=200-2Q and C(q)=2000+3Q2

1- calculate the maximum profits?

2- what price-quantity combination maximizes the profits?

3- at the profit-maximizing price-quantity combination, what is the demand elasticity?

Reference no: EM13337818

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