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Assume the following values: Assume linear demand Maximum price a consumer would pay: $100 Price set by the monopoly: $75 Amount set by the monopoly:

 Assume the following values: Assume linear demand Maximum price a consumer would pay: $100 Price set by the monopoly: $75 Amount set by the monopoly: $40 Amount determined by competitive market: $48 Price determined by competitive market: $62. Determine the consumer surplus generated under the monopoly. 



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