The market demand for a monopoly firm is estimated to be: where is quantity demanded,P is price,M is income,and is the price of a related good.The manager has forecasted the values of M and will be $50,000 and $20,respectively,in 2021.For 2021,the forecasted demand function is
A) = 300,000 - 500P
B) = 100,000 -100P
C) = 600,000 -100P
D) = 200,000 - 500P
E) none of the above
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