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Q6 Please help me with the full answers to all the questions, thank you so much! d: 0/21 A monopolist demand and marginal revenue curve

Q6 Please help me with the full answers to all the questions, thank you so much!

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d: 0/21 A monopolist demand and marginal revenue curve for providing an output "X" are given by the following: P = $160 - $0.0016Q MR = $160 - $0.0032Q The marginal and average total cost per unit of "X" is $40 per unit. ) Calculate the monopoly profit-maximizing price/output combination, and the competitive market long-run equilibrium activity level. (5 ) Calculate monopoly profits and discuss the "monopoly problem" from a social perspective in this instance

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