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Please help me answer this question Consider a monopolist facing linear demand P(Q) = 16 Q. Find the monopolist s profit-maximizing choice of price and quantity if C(Q) = 8Q so that marginal cost is

Please help me answer this question Consider a monopolist facing linear demand P(Q) = 16 – Q. Find the monopolist’s profit-maximizing choice of price…

Please help me answer this question Consider a monopolist facing linear demand P(Q) = 16 – Q. Find the monopolist’s profit-maximizing choice of price and quantity if C(Q) = 8Q so that marginal cost is constant at 8.

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