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If the inverse demand curve a monopoly faces is p=100 -2Q, and MC is constant and always equal = 16, then at the profit maximizing output level, the...

If the inverse demand curve a monopoly faces is p=100 -2Q, and MC is constant and always equal = 16, then at the profit maximizing output level, the monopoly price in this market would be equal to:

The answer is 441 but I do not understand how to solve


If the inverse demand curve a monopoly faces is p=100 -2Q, and MC is constant at 16, then the deadweight loss from monopoly equals:

The answer is 58 but I do not understand how to solve problem.

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i) The monopoly price is... View the full answer

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a). Monopoly Price =... View the full answer

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