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B) 3.Suppose a monopoly faces the following demand Q = 100 - P, with a cost function C(Q) = 100. A) Please calculate the monopoly's
B) 3.Suppose a monopoly faces the following demand Q = 100 - P, with a cost function C(Q) = 100. A) Please calculate the monopoly's marginal revenue and marginal cost. Please calculate the output and price for the monopoly. C) Please calculate the competitive output and prices. D) Calculate the dead weight loss from under production due to monop- olization. E) Draw a picture to illustrate your
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