Microeconomics

4 A Monopolist Has A Demand Function Given By Q = 100 P And A Total Cost Function Given By C(Q) =

S
Q : 160 – P
P = 100- Q
C (Q ) = 20 Q
Monopolist will maximize profit when MR= MC
Gip Total revenue = P Q = ( 1 0 0 – Q) 4 = 10Q- Q2
MR = d(TR)
d Q
d ( 1 WQ – Q2 )
d Q
160 – 26
MQ = 1W- 2Q
mc :
d…Microeconomics

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