Question: Given that market demand is given by p= 200-2q. Is choosing output such that it is equal to Qm = 75 optimal? (Hint: Use

Given that market demand is given by p= 200-2q. Is choosing output

Given that market demand is given by p= 200-2q. Is choosing output such that it is equal to Qm = 75 optimal? (Hint: Use the Lerner Index optimality condition. You do not need to know MC to solve this.).

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