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My Big Banana (MBB)has a Monopoly in Middletown on Large

Question 14

Multiple Choice

My Big Banana (MBB) has a monopoly in Middletown on large banana splits.The demand for this delicacy is given by Q = 80 - P.MBB's costs are given by TC = 40 + 2Q + 2Q2.Its maximum monopoly profit is:


A) $267.
B) $467.
C) $627.
D) $672.
E) $674.

Correct Answer:

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