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The market demand curve is P = 100 ZQ and the marginal cost of each firm in a perfect competitive market is MC = 10
The market demand curve is P = 100 ZQ and the marginal cost of each firm in a perfect competitive market is MC = 10 + q. Assume a monopolist lakes over the market but that MC remains as MC =10 + Q. What is the dead weight loss associated with monopolistic control of the market? 0 $432 0 $108 O None of the above. O $216 A monopoly rm maximizes its profit by producing Q = 500 units of output. At that level of output, its marginal revenue is $30, its average revenue is $60, and its average total cost is 524. At Q = 500, the rm's marginal cost is 0 $30 O less than $30 O $34 0 greater than $34
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