Consider the monthly exchange on the frozen shrimp market, which is dominated by the monopoly producer BubbaGump Shrimp Co. The equations for Bubba-Gump Shrimp Co.'s marginal cost of production and the market demand for frozen shrimp are provided below. Note that the quantities are in thousands of cases of frozen shrimp and the prices are in dollars per case. Demand: P = 70 2QD and Marginal Cost: MC = 10 + Qs

Calculate the size of the deadweight loss resulting from Bubba-Gump Shrimp Co.'s monopoly power (note: the DWL is calculated relative to an ideal perfectly competitive market outcome)