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1.A monopolist faces market demand given by q = 100 - p. He has no quasi-fixed costs and marginal cost is equal to $10. Assume

1.A monopolist faces market demand given by q = 100 - p. He has no quasi-fixed costs and marginal cost is equal to $10. Assume that the monopolist is able to practice first-degree price discrimination because he is a mind-reader and therefore finds out each customer's willingness to pay.

a.How many units of his good will the monopolist sell?

b. What are the monopolist's total profits?

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