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Family Stationery is the sole distributor of white board markers to the Computer Science department of KNUST. Knowing that under monopoly, the quantity sold and market prices are determined by the demand function, the company embarked on market analysis to determine its demand function. If the demand function for such a profit maximizing monopolist is p=274-q^2 and her marginal cost
M C is given by
M C=4+3 q, where
p is price and
q is quantity demanded, find the benefit enjoyed by consumers who are willing and able to offer more than the equilibrium price.