monopolist

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 A monopolist faces the following demand curve:

Q = 144/P2

where Q is the quantity demanded and P is price. Its average variable cost is

AVC = Q1/2

and its fixed cost is 5.

Suppose the government regulates the price to be no greater than $4 per unit. How much will the monopolist produce? What will its profit be? leadership styles Best management and leadership practices 1

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