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Title: A monopolist spent $450 in TV commercials. Such advertisement changed the monopolist inverse demand ... Post by: tree51 on Nov 24, 2018 A monopolist spent $450 in TV commercials. Such advertisement changed the monopolist inverse demand curve from p = 40 - q to p = 50 - q. The monopolist marginal cost is $4 and it has no fixed cost. The TV commercials
A) decreased the monopolist's revenue. B) decreased the monopolist's profit. C) increased the monopolist's profit. D) did not affect the monopolist's profit. Title: A monopolist spent $450 in TV commercials. Such advertisement changed the monopolist inverse demand ... Post by: Paigegalvan96 on Nov 24, 2018 Content hidden
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