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QUESTION A monopoly rm faces the following demand curve in the monopoly industry; P=200 It has a constant marginal cost at the value of 50.

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QUESTION A monopoly rm faces the following demand curve in the monopoly industry; P=200 It has a constant marginal cost at the value of 50. :1) Find the monopoly maximising prot level of output. 13) Find the monopoly maximising prot price. It) Calculate the ri'tonoptznl};r prot. _ d) Now, let the rm practice the two-block pricing strategy. Calculate the prot maximising quartet}F for the rst block and the second block. e} Given the same price strategy in (d), calculate the prot maximising price in the rst block and the second block. f) Given the same price strategy in (d), calculate the total prot that this firm obtains. ' g) Comment on your results in {3}\")

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