Research Article
Monopoly Profit Maximization: Success and Economic Principles
Table 1
Exemplary estimation of demand function.
| Student A | (offered) | (offered) | (sold) |
|
Period 1 | 5 | 350 | |
Period 2 | 4.7 | 347 | |
| General shape of linear demand curve: | | | in (i): | | Demand function: = |
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