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Business, 18.11.2019 19:31 lcidsjay

The inverse demand curve for a monopolist changes from p = 100 – 2q to p = 120 – 2q, while the marginal cost of production remains unchanged at a constant $20. after the change in the demand curve, the profit-maximizing price rises from and the profit-maximizing output rises from $40 to $60; 20 units to 30 units $60 to $70; 20 units to 25 units $10 to $20; 100 units to 120 units $50 to $60; 10 units to 12 units.

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The inverse demand curve for a monopolist changes from p = 100 – 2q to p = 120 – 2q, while the margi...
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