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A Profit-Maximizing Monopolist Has the Cost Schedule C(y)= 20y

question 76

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A profit-maximizing monopolist has the cost schedule c(y) = 20y.The demand for her product is given by y = 600/p4, where p is her price.Suppose that the government tries to get her to increase her output by giving her a subsidy of $15 for every unit that she sells.Giving her the subsidy would make her


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