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SOLVED: This is a price-setting firm problem. (show all work) Demand Function: P=32-Q Total Cost Function: C=Q²+8Q+4 Lerner Index Value is......? Price Elasticity of Demand is......? To maximize sales, this firm would
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![Solution Library] A firm has $1 million in sales, a Lerner index](https://mathcracker.com/images/solutions/MC-solution-library-45998.jpg "Solution Library] A firm has $1 million in sales, a Lerner index")
Solution Library] A firm has $1 million in sales, a Lerner index
