Rearranging yields the inverse demand curve

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A monopoly that cases a demand curved is QD=546-3P

Rearranging this yields the inverse demand curve to P=546/3-QD/3

The marginal revenue curve is MR= P=546/3-2QD/3

No fixed costs for the monopoly and the MC is constant.

AC=MC=8

What is the dead weight loss due?

Reference no: EM132084155

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