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39. Remembering Revenue = PQ, what is the equation for marginal revenue for the supplier? 40. 41. What Q will the monopolist produce? And what

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39. Remembering Revenue = PQ, what is the equation for marginal revenue for the supplier? 40. 41. What Q will the monopolist produce? And what will P be? What is Total Surplus under this situation? NOTE, IN THIS PRIVATE MARKET STUDENTS CHOOSE WHETHER TO BUY BASED ON THEIR PRIVATE MB. 42. 43. 44. 45. 45. 47. 48. 49

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