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Suppose that a monopolist faces TC = 21 + 1890 and the market demand is Q(P) = 4P-2 (a) Find the marginal cost for the

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Suppose that a monopolist faces TC = 21 + 1890 and the market demand is Q(P) = 4P-2 (a) Find the marginal cost for the firm. (b) What is the price-elasticity of demand for the de- mand curve? (c) What price should the monopolist set in the market? (d) Would the monopolist have more or less freedom to raise the price if the demand were Q(P) = 4P-64

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