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A monopolist faces the demand curve P=120-Q. The monopolist's marginal cost and marginal revenue curves are represented by MC=2Q and MR=120-2Q, respectively. What is the
A monopolist faces the demand curve P=120-Q. The monopolist's marginal cost and marginal revenue curves are represented by MC=2Q and MR=120-2Q, respectively. What is the deadweight loss due to monopoly? [11:18] 300
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