Question: 1.A monopoly company has a total cost function (TC), TC (Q) = 400Q + 30 Q and faces demand function given by P = 24000

1.A monopoly company has a total cost function (TC), TC (Q) = 400Q + 30 Q and faces demand function given by P = 24000 - 20Q

What is marginal cost (MC) to maximize its profit?

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