alemitubelete76 alemitubelete76

27-12-2023
Mathematics

Answered

#(2) A monopolist with cast function C=1/2(Q)2 faces ademand curve Q = 12-P.
.. (a) what will be in equilibrium price & quantity ?
...(b) If for some reason the firm behaves as it it were in aperfectly competitive industry, what will the equilibrium Price and quantity be?

Answer :

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