In a monopoly market, the inverted demand function 𝑝 (𝑄) = 100 βˆ’2𝑄 and the monopolist's margin

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answerhappygod
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In a monopoly market, the inverted demand function 𝑝 (𝑄) = 100 βˆ’2𝑄 and the monopolist's margin

Post by answerhappygod »

In a monopoly market, the inverted demand function

𝑝 (𝑄) = 100 βˆ’2𝑄

and the monopolist's marginal cost function

𝑀𝐢 (𝑄) = 10 + 2𝑄

How big is the deadweight loss because it is a market with a
monopoly, and not a perfect competitive market?
(right answer is 112.5, but I need step by step explanation, if
possible preferably no paper answer)
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