Monopoly - Monopoly Profit Maximization Demand Q 0 1 2 3 4...

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Unformatted text preview: Monopoly Profit Maximization Demand Q 0 1 2 3 4 5 6 7 8 9 10 p= P 10 9 8 7 6 5 4 3 2 1 0 10 TR 0 9 16 21 24 25 24 21 16 9 0 MR 9 7 5 3 1 -1 -3 -5 -7 -9 1 TC 0 1 2 3 4 5 6 7 8 9 10 q MC 1 1 1 1 1 1 1 1 1 1 1 Profit 0 8 14 18 20 20 18 14 8 0 -10 P* 5 5 5 5 5 5 5 5 5 5 5 Monopoly profit maximization 12 10 8 6 P 4 2 0 -2 0 2 4 6 Q 8 10 12 P MR MC P* ...
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This note was uploaded on 04/26/2010 for the course ECON 101 taught by Professor Staff during the Spring '08 term at Vassar.

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