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A monopolist faces demand curve described by P(Q)=100-2Q. This is also called the firm's inverse demand function. The firm has a constant marginal cost of
A monopolist faces demand curve described by P(Q)=100-2Q. This is also called the firm's inverse demand function. The firm has a constant marginal cost of 20 and 0 fixed cost. If this monopolist is able to practice perfect price discrimination, its total profits (or producer surplus) will be?
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