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Question 3512 pts Suppose a monopolist faces the following demand curve: P = 596 4Q Marginal cost of production is constant and equal to $60,

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Question 3512 pts Suppose a monopolist faces the following demand curve: P = 596 4Q Marginal cost of production is constant and equal to $60, and there are no fixed costs. What is the monopolist's profit-maximizing level of output? What price will the profit-maximizing monopolist charge? I How much profit will the monopolist make if she maximizes her profit? I What would be the value of consumer surplus in this monopoly market? I How much consumer surplus would there be it this market was perfectly competitive? I What is the value of the deadweight loss when the market is a monopoly

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