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Suppose asingle-price monopolist faces an inverse demand curve given by p(Q)=2622Q and has a cost curve given by C(Q)=2Q2+10Q+100. What are the economic rents earned

Suppose asingle-price monopolist faces an inverse demand curve given by p(Q)=2622Q and has a cost curve given by C(Q)=2Q2+10Q+100.

What are the economic rents earned by the monopolist in the marketequilibrium?

2926.75

3869.00

63.00

1984.50

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