Question: 5 . A monopoly is facing the demand Q = 4 4 0 2 P and has a total cost TC = 3 6 0

5. A monopoly is facing the demand Q =4402P and has a total cost TC =3600+40Q +1/2Q2
a. Find the profit maximizing output, monopoly price, maximized profit, consumer surplus
and deadweight loss
b. Is it possible to regulate the monopoly with the competitive price cap?

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