If there is no government intervention-monopoly produces

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Reference no: EM131112420

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a. If there is no government intervention, the monopoly produces?

b. If the government provides a production subsidy of s per unit, then the monopoly produces?

c. What is the consumer surplus if there is no government intervention?

d. What is the consumer surplus if the government provides a production subsidy of s per unit?

e. What is the producer surplus if there is no government intervention?

f. What is the producer surplus if the government provides a production subsidy of s per unit?

g. What is the government revenue (or deficit if negative) if the government provides a production subsidy of s per unit?

Reference no: EM131112420

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