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Profit maximizing output level

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If the inverse demand curve a monopoly faces is p=100 -2Q, and MC is constant and always equal = 16, then at the profit maximizing output level, the monopoly price in this market would be equal to:

If the inverse demand curve a monopoly faces is p=100 -2Q, and MC is constant at 16, then the deadweight loss from monopoly equals:

Reference no: EM132056586

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