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The market inverse demand curve is P 85 Q There are i firms in the market with all firms plants that have cost function Find the market profit for a maximizing multiplant

The market inverse demand curve is P = 85 – Q. There are i firms in the market with all firms (plants) that have cost function TCi = 20 + qi + qi^2. Find the market profit for a maximizing multiplant-monopoly assuming two plants.

Apr 11 2020 View more View Less

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