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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 prot-maximizing quantity and price? q = and p = 2. What is the deadweight loss if she chooses her prot-maximizing quantity and price? DWL = 3...
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- Fall '08