Economics
6. (5 points) Consider the monopolist's maximization problem,
max{PQ -0°/2)
where the total cost of producing Q units of output is equal to Q2/2.
Demand
is defined by Q4 - Ace - P) + (1 - 1)(+P) - P). Find the fully revealing
equilibrium, {P*(0), x°(P)}. Show your work and derivations, and clearly state
the steps.
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sorry I don't know it
it is very hard
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