Calculate the monopolists profit-maximizing quantity

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Reference no: EM13773058

Create a table where Q equals 0, 10, 20, 22.5, 30, 40 50 and 55. In the table include Quantity, Price, Total Revenue, Marginal Revenue (where MR equals the change in TR divided by the change in Q in the table), MR where MR=a-2bQ (include an explanation and derivation of this equation in your paper), MR, where MR=P(1+1/e), where e equals the price elasticity of demand at the price, Costs (cQ), and firm’s profit. Using the equations provided, calculate the monopolist’s profit-maximizing quantity, its profit-maximizing price, as well as the firm’s profit, consumer surplus and deadweight loss.

Reference no: EM13773058

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