SHORT ANSWER : 32. A monopolist faces market demand given by 𝑃=100βˆ’5𝑄, and marginal cost of 5𝑄. Find the quantity produc

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SHORT ANSWER : 32. A monopolist faces market demand given by 𝑃=100βˆ’5𝑄, and marginal cost of 5𝑄. Find the quantity produc

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SHORT ANSWER : 32. A monopolist faces market demand given by𝑃=100βˆ’5𝑄, and marginal cost of 5𝑄. Find the quantity produced andprice charged by the monopolist. Provide a fully labelleddiagram.
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