Question: Given a monopoly has the demand is Q = 200 - 2P and a marginal cost = 10. Find Marginal Revenue, Profit maximizing Q and

Given a monopoly has the demand is Q = 200 - 2P and a marginal cost = 10. Find Marginal Revenue, Profit maximizing Q and P, and graphically show the producer surplus and dead weight loss. If the government introduces 4$ tax credit what is the new demand curve, the new marginal revenue, the new profit maximizing Q and P? Lastly explain if subsidizing is a good idea to reduce dead weight loss.

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