6. [3 points] A monopoly faces the inverse demand p = 100-20, and MC is constant at 16. Find the monopolist's profit-max

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6 3 Points A Monopoly Faces The Inverse Demand P 100 20 And Mc Is Constant At 16 Find The Monopolist S Profit Max 1 (28.19 KiB) Viewed 20 times

6. [3 points] A monopoly faces the inverse demand p = 100-20, and MC is constant at 16. Find the monopolist's profit-maximizing price and quantity and resulting deadweight loss P = 58 Q= 21 DWL= 441 7. [2 points] Suppose a town has just one gym that acts as a monopolist. All potential gym customers are identical, and their monthly demand for gym visits as p=20-2q where p is price per visit and q is number of visits per month. The gym has a constant marginal cost of $2 per visit. Find the optimal two-part tariff to charge each customer. Price per visit Monthly Membership Fee 81 8. [2 points] The demand in the market is p = 20-20. There are only two firms, A and B, selling an identical good. Each has the same cost function: C(q) = 2q. Find the Cournot equilibrium. 9₁ = 9₂ =