Pearson eText Microeconomics -- Access Card
Pearson eText Microeconomics -- Access Card
2nd Edition
ISBN: 9780136849513
Author: Acemoglu, Daron, Laibson, David, List, John
Publisher: PEARSON
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Chapter 12, Problem 7P

(a)

To determine

The profit maximizing price and quantity for the monopolist.

(b)

To determine

The consumer surplus, producer surplus and deadweight loss for the monopolist.

(c)

To determine

The change in consumer surplus if the market is competitive.

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