A monopolist faces market demand given by P = 120

Name: A monopolist faces market demand given by P = 120 - Q.For this market,MR = 120 - 2Q and MC = 4Q.What is the deadweight loss due to the monopoly
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Question

A monopolist faces market demand given by P = 120 - Q.For this market,MR = 120 - 2Q and MC = 4Q.What is the deadweight loss due to the monopoly

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The Answer of A monopolist faces market demand given by P = 120 - Q.For this market,MR = 120 - 2Q and MC = 4Q.What is the deadweight loss due to the monopoly