Calculate the lerner index of the market

Reference no: EM132196689

Question: Consider a monopolist which serves a market characterized by the (inverse) demand curve: p = 100 q^2. Suppose the monopolistis constant marginal cost is 25. Please calculate the Lerner Index of this market. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132196689

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