Unformatted text preview: is correct and 0 if it is not correct. 1. A monopolist faces inverse demand P = 60-3 q and has a marginal cost of MC = 12. What is her proﬁt-maximizing quantity and price? q = and p = 2. What is the deadweight loss if she chooses her proﬁt-maximizing quantity and price? DWL = 3...
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This note was uploaded on 12/26/2011 for the course ECON 100B taught by Professor Kilenthong during the Fall '08 term at UCSB.
- Fall '08