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The Firm and Market Structures

Monopoly, CFA Level I, Economics, The Firm and Market Structures

Sep 3,20

Blog article 3, CFA Level 1 Economics This blog post deals with an important topic from Reading 15, “The Firm and Market Structures“, namely the calculation of the optimal quantity and the optimal price in a monopoly. 1. The monopolist must first know the inverse demand function (P = a – b*Q). So if only the demand function (Q = …

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