Question: 8. A monopoly with the total cost function TC=5Q is facing the demand function Q = 1250-50P. How much can the monopoly increase its profits

8. A monopoly with the total cost function TC=5Q is facing the demand function Q = 1250-50P. How much can the monopoly increase its profits if it moves from charging a single monopoly price to utilizing a two-part tariff?

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