(Answered) Demand p q100-2q total costs cq1020q calculate

Economics

Demand P (q)=100-2q Total Costs C(q)=10+20q . Calculate marginalcost for a firm in this industry. The marginal cost is graphedbelow, what is special or interesting about this marginal costfunction? Verify the monopolist equilibrium is (Q=20,P=60). What isthe perfectly competitive equilibrium? Calculate dead weight lossarising from the monopoly equilibrium.

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Macroeconomics, Economics

Category:- Macroeconomics
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