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Suppose that the individual inverse demand function for one consumer is follows: =402 Market consists of 50 consumers in total. Monopolist will use two-part tariff

Suppose that the individual inverse demand function for one consumer is follows:

=402

Market consists of 50 consumers in total. Monopolist will use two-part tariff pricing scheme. Monopolist has no fixed cost and has the constant marginal cost of $10. What will be the maximum profit of the monopolist?

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