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Business, 01.07.2019 20:20 alliaespino

Monopoly is considering selling several units of a homogeneous product as a single package. a typical consumer’s demand for the product is qd = 120 - 0.25p, and the marginal cost of production is $160. a. determine the optimal number of units to put in a package. units b. how much should the firm charge for this package?

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