A small monopoly manufacturer of widgets has a constant, Business Economics

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A small monopoly manufacturer of widgets has a constant

A small monopoly manufacturer of widgets has a constant marginal cost of $10. The demand for this firm's widgets is Q = 105 - 1P.

Given the above information, calculate the social cost of this firm's monopoly power.

The social cost is $___. (Round answer to the nearest penny)

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Business Economics: A small monopoly manufacturer of widgets has a constant

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Business Economics: A small monopoly manufacturer of widgets has a constant

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