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-Suppose a Monopolist Has TC = 40 + 10Q

Question 62

Multiple Choice

-Suppose a monopolist has TC = 40 + 10Q + Q<sup>2</sup>,and the demand curve it faces is p = 130 - 2Q.What is the maximum profit achieved by this monopoly? A) Profit = 1160 B) Profit = 1240 C) Profit = 1450 D) Profit = 1800
-Suppose a monopolist has TC = 40 + 10Q + Q2,and the demand curve it faces is p = 130 - 2Q.What is the maximum profit achieved by this monopoly?


A) Profit = 1160
B) Profit = 1240
C) Profit = 1450
D) Profit = 1800

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