question archive The demand for an industry which is served by a monopolist is Q = 100 - p and the monopolist has a constant marginal cost equal to 40
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The demand for an industry which is served by a monopolist is Q = 100 - p and the monopolist has a constant marginal cost equal to 40.
Which of the following is the total welfare under the outcome of price and quantity under monopoly? Show your complete solution.
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