Suppose market demand is given by q 300-2p and mcac30 find

Reference no: EM13390921

Assume the Market Demand is given by Q = 300-2P, and MC=AC=30. Compute the price, quantity, consumer surplus, profits, and DWL under the following market structures:

a) Perfect competition

b) Monopoly

c) Perfectly price discriminating monopoly

Reference no: EM13390921

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