PLEASE EXPLAIN FIRST
Extracted text: A monopoly firm's demand curve is given as P = 10,010 – 50Q. The monopoly firm produces output at a constant marginal cost, MC = caused by the monopoly compared to the case of the perfectly competitive firm is 10. The welfare/deadweight loss 500 b.. 5,000 5,010 d. 10,000 e. 250,000 а. с.
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