A natural monopolist has a cost structure cq 400 25q and
A natural monopolist has a cost structure C(q) = 400 + 25q and faces market demand D(p) = 200 - 2p. Solve for the monopolist's profit, output, and consumer surplus when price is set to average cost.
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a natural monopolist has a cost structure cq 400 25q and faces market demand dp 200 - 2p solve for the monopolists
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