A firm in monopolistic competition faces demand of P = 446 – 2.5Q. Their costs are represented by (MC = 6Q+6) Find the quantity and price they should produce

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter26: Monopolistic Competition And Oligopoly
Section: Chapter Questions
Problem 10E
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A firm in monopolistic competition faces demand of P = 446 – 2.5Q. Their costs are represented by (MC = 6Q+6) Find the quantity and price they should produce. (quantity- not price- your answer cannot have a dollar sign in it)

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