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Posted: June 15th, 2022
A newspaper has a monopoly on the local news market in a town. The market demand is given by P=1.70-Q/10,000. The marginal value is fixed and equal to zero.30. The fastened value is three,000. Variable value is zero.30Q. Discover the monopolist’s profit-maximizing amount.(Format: solutions have to be inside 2 of the true worth to be counted as appropriate. Don’t embody commas or plus indicators.)
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