Question: Please find DWL Recalling the information from the Botox Patent Monopoly application, inverse demand was p=750375Q, marginal revenue was MR=750750Q. marginal cost was MC=25, a

Please find DWL

inverse demand was p=750375Q, marginal revenue was MR=750750Q. marginal cost was MC=25,

Recalling the information from the "Botox Patent Monopoly" application, inverse demand was p=750375Q, marginal revenue was MR=750750Q. marginal cost was MC=25, a constant, and quantity is in millions of units. What would happen to the monopoly-optimal price and quantity if the government had collected a specific tax of $75 per vial of Botox? The monopoly-optimal price would be \$ (round your answer to two decimal places) The monopoly-optimal quantity would be million units. (round your answer to two decimal places) What welfare effects would such a tax have? What welfare effects would such a tax have? The deadweight loss (DWL) is $ million. (round your answer to two decimal places)

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