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Eyeglasslux is a single-price monopolist in the eye-glass frame market. It faces a Market demand given by Q=329-2P. Its
Posted: Sat Mar 19, 2022 5:50 pm
by answerhappygod
- Eyeglasslux Is A Single Price Monopolist In The Eye Glass Frame Market It Faces A Market Demand Given By Q 329 2p Its 1 (51.17 KiB) Viewed 67 times
Eyeglasslux is a single-price monopolist in the eye-glass frame market. It faces a Market demand given by Q=329-2P. Its Total Cost function is TC=6,407+24Q and Marginal Cost is MC=24. If the government imposes a price ceiling of $26, what is the monopolist's PROFITS in the SHORT-run? Enter a number only, drop the $ sign.