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 =16- Q and her marginal revenue is MR =16-2Q. Her cost function is C(Q)=6Q:
Group of answer choices
The optimal production of the monopolist is Q =5.
The perfectly competitive price would be P =6 if all the competitors had the same costs as the monopolist.
The deadweight loss from monopoly is 12.5.
All of the above are correct.
None of the above are correct.
Group of answer choices
The demand for low-calorie fruit and vegetables rises by 8.3%.
The quantity the consumer consumes before the price change is 344g per week.
The quantity the consumer consumes after the price change is 876.25g per week.
The consumers expenditure on low-calorie fruit and vegetables increases by $0.08.

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