Find price-quantity-consumer surplus-profits and dwl


Assume the Market Demand is given by Q = 300-2P, and MC=AC=30. Compute the price, quantity, consumer surplus, profits, and DWL under the following market structures:

a) Perfect competition

b) Monopoly

c) Perfectly price discriminating monopoly

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Microeconomics: Find price-quantity-consumer surplus-profits and dwl
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