Question: A monopolists inverse demand function is estimated as P = 3 5 0 2 Q . The company produces output at two facilities; the marginal

A monopolists inverse demand function is estimated as P =3502Q. The company produces output at two facilities; the marginal cost of producing at facility 1 is MC1(Q1)=7Q1, and the marginal cost of producing at facility 2 is MC2(Q2)=2Q2.a. Provide the equation for the monopolists marginal revenue function. (Hint: Recall that Q1+ Q2= Q.) MR(Q)= Q1 Q2 b. Determine the profit-maximizing level of output for each facility. Instructions: Round your response to two decimal places.Output for facility 1: Output for facility 2: c. Determine the profit-maximizing price. Instructions: Round your response to the nearest penny (two decimal places). $

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