QuestionQuestion So the demand curve is P = 200 – 3Q with a long run marginal cost of production is constant and equal to $20. What would be the consumer surplus if it was perfectly completive market? Whats the Dead weight loss if the market is a monopoly? P = 200 – 3Q with a long run marginal cost of production is constant and equal to $20. What would be the consumer surplus if it was perfectly completive market? Whats the Dead weight loss if the market is a monopoly?
Question
So the demand curve is P = 200 – 3Q with a long run marginal cost of production is constant and equal to $20.
What would be the consumer surplus if it was perfectly completive market? Whats the Dead weight loss if the market is a monopoly?