Demand for good x is x100-p where p is the market price of
Demand for good X is x=100-P, where P is the market price of X. A monopolist supplies this market and has a cost function 15x. When the monopolist produces his optimal level of X, what is the resulting dead weight loss on the economy?
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demand for good x is x100-p where p is the market price of x a monopolist supplies this market and has a cost function
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