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Suppose a monopolistic firm has the following demand curve Q= 78 - 3P and the following cost function C(Q) = 18 + 6Q +.5Q^2 What
Suppose a monopolistic firm has the following demand curve Q= 78 - 3P and the following cost function C(Q) = 18 + 6Q +.5Q^2
What is the deadweight loss?
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