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the inverse demand for milk is, PD = 60 - 2.6Q. now suppose that the market in the previous question was run by a cartel.

the inverse demand for milk is, PD = 60 - 2.6Q. now suppose that the market in the previous question was run by a cartel. the cartel restricts quantity in order to maximize industry profits. in other words, it acts like a monopolist. the marginal cost of milk is MC(Q) = 10 + 1Q. if the cartel maximizes profits, what is the dead-weight loss

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