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Consider a monopoly in the market for a new medicine. The demand for the medication is expected to be p=400 - 2Q The firm has

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Consider a monopoly in the market for a new medicine. The demand for the medication is expected to be p=400 - 2Q The firm has a fixed cost of 600 and a constant marginal cost of 2. By allowing this firm to operate as a monopolist, the equilibrium will result in a deadweight loss of what? Round to the nearest cent (0.01)

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