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A monopolist faces an inverse demand of p(y)=100-5y, and its total cost of production is c(y)=20y,...

A monopolist faces an inverse demand of p(y)=100-5y, and its total cost of production is c(y)=20y, where y is the output level. The monopolist maximizes its profits at output level equal to 8. Calculate the deadweight loss of this monopoly.

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