Question: A monopolys inverse demand function is p = 100 - Q + 32A0.5, where Q is its quantity, p is its price, and A is

A monopoly’s inverse demand function is p = 100 - Q + 32A0.5, where Q is its quantity, p is its price, and A is the level of advertising. Its marginal cost of production is 10, and its cost of a unit of advertising is 1. What are the firm’s profit-maximizing price, quantity, and level of advertising?

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