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Assume a monopolist faces a market demand curve P = 100 - 2Q and has short-run total cost function C = 640 + 20Q. What

Assume a monopolist faces a market demand curve P = 100 - 2Q and has short-run total cost function C = 640 + 20Q. What is the profit-maximizing level of output? What is the profit level? Graph the marginal revenue, marginal cost, and demand curves, and show the area that represents deadweight loss on the graph.

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