Question: 1 9 t h Assignment Consider a monopolist with a total costs o f T C = 3 2 + 1 2 Q 2 (

19th Assignment
Consider a monopolist with a total costs ofTC=32+12Q2(and a marginal cost ofQ,MC=Q). The market demand curve is given byP=32-12Q.
1. Derive the marginal revenue curve
2. Find the monopoly price and quantity
S3. ketch the monopolist market and shade the region
of profit on the graph.
4. Find the (numerical) value of the monopolist's
profit.
1 9 t h Assignment Consider a monopolist with a

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