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Business, 05.05.2020 06:13 lisa123465

Recalling the information from the "Botox Patent Monopoly" application, inverse demand was p equals 775 minus 375 Upper Q, marginal revenue was MR equals 775 minus 750 Upper Q, marginal cost was MC equals 20, a constant, and quantity is in millions of units. What would happen to the price and quantity if the government had set a price ceiling of $225 per vial of Botox?

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Recalling the information from the "Botox Patent Monopoly" application, inverse demand was p equals...
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