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Suppose a monopoly faces an inverse demand curve of P = 50 - 3Q and has...

Suppose a monopoly faces an inverse demand curve of P = 50 - 3Q and has a marginal cost function of 4Q (assume no fixed costs). If the government is considering legislation that would regulate price to the competitive level, what is the maximum amount the monopoly would spend on (legal) lobbying activities designed to thwart the regulation?

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