Question: 4. A monopolist has a total cost function of C = 6q, the inverse market demand is given by: p = 36 - 3q. Compute

4. A monopolist has a total cost function of C = 6q, the inverse market demand is given by: p = 36 - 3q. Compute the dead-weight loss (DWL) associated with the monopolistic equilibrium: (a) DWL = 75 (b) DWL = 75 2 (c) DWL 75 4

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