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You are the Chief Economist for the Federal Footwear Regulatory Commission (FFRC) regulating, inter alia, the aluminum sneakers market, a market with a natural monopoly.

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You are the Chief Economist for the Federal Footwear Regulatory Commission (FFRC) regulating, inter alia, the aluminum sneakers market, a market with a natural monopoly. The regulated monopolist, ACME Aluminum Sneakers, faces the following inverse market demand curve: p = 51 - Q ACME's cost structure is: TO = 200 + 6q MC = 6 Find the Ramsey price. Show all work in your work file. Input your answer as a simple number without units. Use decimals, not fractions, if applicable

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