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28 Sep 2019
A monopolist faces demand given by: P = 100 - 4Qd, and has marginal costs given by: MC = 10 + .2Q .
Calculate producer surplus with monopoly and the consumer surplus with monopoly. How much would be produced if this was a competitive market? what would be the price?
A monopolist faces demand given by: P = 100 - 4Qd, and has marginal costs given by: MC = 10 + .2Q .
Calculate producer surplus with monopoly and the consumer surplus with monopoly. How much would be produced if this was a competitive market? what would be the price?
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watching
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Chika IlonahLv10
28 Sep 2019