A small monopoly manufacturer of widgets has a constant


A small monopoly manufacturer of widgets has a constant marginal cost of $15. The demand for this firm's widgets is:

Q = 110 - 1P.

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

The social cost is $______.(Round your response to the nearest penny.)

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