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can I get some help m As the manager of a monopoly, you face potential government regulation. Your inverse demand is P= 55 - 2Q,

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can I get some help

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m As the manager of a monopoly, you face potential government regulation. Your inverse demand is P= 55 - 2Q, and your costs are CG) = 11Q. a. Determine the monopoly price and output. Monopoly price: $ Monopoly output: units Book Print b. Determine the socially efficient price and output. rences Socially efficient price: $ Socially efficient output: units c. What is the maximum amount your firm should be willing to spend on lobbying efforts to prevent the price from being regulated at the socially optimal level?

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