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5. Assume that the average and marginal costs are constant and equal to 14. If Pat produces the monopoly quantity and charges the monopoly

5. Assume that the average and marginal costs are constant and equal to 14. If Pat produces the monopoly quantity and charges the monopoly price, (A) what price will Pat charge for a tattoo? (B) what quantity will Pat supply? (C) what is the amount of consumer surplus generated? CS=

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