Question: A monopoly's cost function is C = 1.51:)2 + 200 and its the demand for its product is p = 200 0.50 where Q is


A monopoly's cost function is C = 1.51:)2 + 200 and its the demand for its product is p = 200 0.50 where Q is output, p is price, and C is the total cost of production. Determine the protmaximizing price and output for a monopoly. The prot-maximizing output level is 45 units. {Enter a numeric response using an integer.) The prot-maximizing price is $ 177.5 The total profit is $ 4050 . Now suppose the government imposes a $20 per unit tax on the monopoly
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