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Business, 05.02.2020 13:49 calvarado12

There is a monopoly firm that faces the demand curve: p= 100(1-.01q) and has a constant marginal cost of production equal to $20. find the equilibrium price and output of this firm. what happens to equilibrium price, output, producer and consumer surplus if the government offers this firm a $4 subsidy for every unit of output it produces?

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There is a monopoly firm that faces the demand curve: p= 100(1-.01q) and has a constant marginal co...
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