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Business, 03.12.2019 06:31 deedoe2679

Chegg (a) what quantity would the monopolist sell in the market and what would be the market price if f = 3? what if f = 5? how much profit does the monopolist make when f = 3 or when f = 5? (b) assume f = 5. the government is considering to offer a subsidy s per unit to the monopolist. what is the optimal value of s if the government wants to maximize total surplus?

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