Business
Business, 30.11.2019 04:31, janeou17xn

Aprofit-maximizing monopolist has the cost schedule c(y) = 20y. the demand for her product is given by y = 600/p^4, 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

answer. decrease her price by $20.

answer
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Aprofit-maximizing monopolist has the cost schedule c(y) = 20y. the demand for her product is given...

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