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Littletown Theater has a monopoly over the performing arts market in Littletown since there is only space for one theater. Marginal cost is constant

Littletown Theater has a monopoly over the performing arts market in Littletown since there is only space for one theater. Marginal cost is constant at $30. The following graph shows the demand and costs that the theater faces. 70 Price per ticket 8 MC = AC MR Demand 120 200 Tickets per week Calculate the deadweight loss associated with Littletown Theater's monopoly.

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