Question: If the demand function for a monopolist is P = 1 6 - Q and her marginal revenue is MR = 1 6 - 2
If the demand function for a monopolist is P Q and her marginal revenue is MR Q Her cost function is CQQ:
Group of answer choices
The optimal production of the monopolist is Q
The perfectly competitive price would be P if all the competitors had the same costs as the monopolist.
The deadweight loss from monopoly is
All of the above are correct.
None of the above are correct.
Group of answer choices
The demand for lowcalorie fruit and vegetables rises by
The quantity the consumer consumes before the price change is g per week.
The quantity the consumer consumes after the price change is g per week.
The consumers expenditure on lowcalorie fruit and vegetables increases by $
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