Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134735696
Author: PARKIN, Michael
Publisher: Pearson,
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Chapter 13, Problem 17APA

(a)

To determine

The profit maximizing quantity , price, and the total revenue per day of the monopolist.

(b)

To determine

The elasticity of demand at the market price and output.

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