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AutoSave Homework10 Home Insert Draw Page Layout Formulas Data Review View H Calibin AA BIU- H Alignment A B Problem 3.3 A monopoly's inverse demand
AutoSave Homework10 Home Insert Draw Page Layout Formulas Data Review View H Calibin AA BIU- H Alignment A B Problem 3.3 A monopoly's inverse demand function ba P = 160 - 40. and it has no fixed costs, Initially marginal cost is 12 (A comtant MC and no Fixed costs means ATC - MC, Can you prove this to yourself?). Determine the price, quantity, consumer suiplus, profit, total surplus, and deadweight loss. Pro
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