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Suppose a monopolist faces consumer demand of P = 63 2Q, a marginal revenue function M R = 63 4Q, and a marginal cost function

Suppose a monopolist faces consumer demand of P = 63 2Q, a marginal

revenue function M R = 63 4Q, and a marginal cost function M C = 2Q + 3.

(a) What quantity does the monopolist choose?

(b) What price does the monopolist choose?

(d) What is the deadweight loss associated with the monopoly?

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