A monopolist firm has the total cost function and the demand function :
C(x ) = ax2 + bx +c (a,b,c) >0
P(x) = β - αx (β, α >0 )
Show that the firm’s optimum level are equal when it fixes
a) Output
b) Price
Explain how a monopolist fixes a price on the basis of demand of the product
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Step-by-step explanation:
ok ok but I don't understand you connect to the Google
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