The market demand for a good is P = 2

0 Q. The good can be produced at a constant cost of $4.

What price would a competitive firm charge?

Enter as a value.

The market demand for a good is P = 2

0 Q. The good can be produced at a constant cost of $4.

How much deadweight loss is created if the market is served by a monopolist as

opposed to a

competitive market?

Enter as a value.