Suppose market demand is Pd = 4128-9* Q. There is a single monopoly producing the product. What is the optimal quantity produced if the total cost of production is: TC(Q) = 1136 + 16* Q2?

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Suppose market demand is Pd = 4128-9* Q. There is a single monopoly producing the product. What is the optimal quantity
produced if the total cost of production is: TC(Q) = 1136 +16* Q2 ?
Transcribed Image Text:Suppose market demand is Pd = 4128-9* Q. There is a single monopoly producing the product. What is the optimal quantity produced if the total cost of production is: TC(Q) = 1136 +16* Q2 ?
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