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A monopolist faces a demand curve given by p 210 - 5q

A monopolist faces a demand curve given by: P = 210 - 5Q, where P is the price of the good and Q is the quantity demanded. The marginal cost of production is constant and is equal to $60. There are no fixed costs of production. What is the deadweight loss associated with this monopoly?

$281.25.
$562.50.
$1125.
$2250.
None of the Above.

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