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For this question I **need to see how you work these problems** for all SIX aspe

ID: 2506007 • Letter: F

Question

For this question I **need to see how you work these problems** for all SIX aspects. (I have to write a 3 page paper on this, later.) For now, I need to verify my won math work--- so please, answer all SIX things and show your work. 1) The wholesale price, 2) annual production, 3) annual sales, 4) annual profit, 5) the new price, and 6) quantity of Zatab (after generic versions become available).


Please, do not guess-- or capture the answer from the stored/archived answer here on Chegg. That answer did not have the depth and did not answer all the aspects of the question that I require to be able to write a paper about this problem.


Here is the problem :)


Mirk Labs is a pharmaceutical company that currently enjoys a patent monopoly in Europe, Canada, and the United States on Zatab, an allergy medication. The global demand for Zatab is: Qd = 15.0

Explanation / Answer

Hint for a: find Q where MC=MR.
for b: find Q where MC=demand. :)

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