Question: A monopolist faces a demand curve given by P = 30 - 0.25Q, where P denotes price per unit and Q denotes quantity demanded. If

 A monopolist faces a demand curve given by P = 30

A monopolist faces a demand curve given by P = 30 - 0.25Q, where P denotes price per unit and Q denotes quantity demanded. If marginal cost (equal to average total cost) is constant at $10, the monopolist's profit- maximizing output and price are and respectively. 12 units; $5.60 9 units; $6.20 O 40 units; $20 O 40 units; $7

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