Consider that a monopolist produces camouflage backpacks, has fixed costs of 2000 and marginal cost of $2.00. It has a demand curve of: P=20-3Q and Marginal revenue curve is Img=20-6Q a) Calculate the volume of production that will maximize the benefits of the monopolist Img=CMg b) Calculate at what price the monopolist will sell the backpacks P=20-3Q c) Draw the monopolist's marginal revenue and demand curv

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A: Answer to the question is as follows:

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A:

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