A monopoly firm faces an inverse demand curve of p 196


A monopoly firm faces an (inverse) demand curve of P = 196 – 28Q^0.5 + Q and has a constant marginal (and average) cost curve of 49. If the firm can perfectly price discriminate, what are its profits; what are the consumer surplus, producer surplus and dead weight loss; how would these results change if the firm were a single price monopolist?

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Business Economics: A monopoly firm faces an inverse demand curve of p 196
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