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A Monopolist Faces Market Demand Given by P = 100

Question 24

Multiple Choice

A monopolist faces market demand given by P = 100 - 3Q.For this market,MR = 100 - 6Q and MC = 25.What is the deadweight loss due to the monopoly

A) $156.25
B) $234.38
C) $312.50
D) $468.76

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