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[Q2 11-2323248] A single-price monopolist faces an inverse market demand curve given as P(Q) =409 - Q. The rm's total cost curve is C(Q) =
[Q2 11-2323248] A single-price monopolist faces an inverse market demand curve given as P(Q) =409 - Q. The rm's total cost curve is C(Q) = 100 + 400 + 102. What are the equilibrium price and quantity in this market? The prot-maximizing quantity is D. (Round your answer to two decimal places and use it in subsequent steps) The prot-maximizing price is $|:|. (Round your answer to two decimal places and use it in subsequent steps) What are the rm's economic prots? $|:|. (Round your answer to two decimal places.) What are the rm's economic rents? $|:|. (Round your answer to two decimal places.) What is the deadweight loss of this monopoly? |:|. (Round your answer to two decimal places; Enter the answer as a positive number)
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