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1) Suppose a monopoly (at one price) faces the following demand: P = 100 -3Q and has a cost structure, C(Q)=2Q 2 . A) Calculate

1) Suppose a monopoly (at one price) faces the following demand: P = 100 -3Q and has a cost structure, C(Q)=2Q². A) Calculate the equilibrium price and quantity and the producer surplus.

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