You are the manager of a monopoly that faces an inverse demand curve $P = 100 - 10 Q$ ,and has constant average and marginal costs of $20 per unit.The government is considering legislation that would regulate your firm's price at $20 per unit.What is the maximum amount your firm should be willing to spend to lobby against the regulation?

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The Answer of You are the manager of a monopoly that faces an inverse demand curve $P = 100 - 10 Q$ ,and has constant average and marginal costs of $20 per unit.The government is considering legislation that would regulate your firm's price at $20 per unit.What is the maximum amount your firm should be willing to spend to lobby against the regulation?

You Are the Manager of a Monopoly That Faces an Inverse