Question: Hello, may I have some help with this problem? The attached screenshot contains all information provided. You are given the following: Cost = 3.0:;2 +20q+
Hello, may I have some help with this problem? The attached screenshot contains all information provided.

You are given the following: Cost = 3.0:;2 +20q+ F, dC Marginal Cost = E = 6.0q + 20, and p = 100 - 1:}, where q = output and F = xed costs = $600. Determine the prot-maximizing price and output for a monopoly. The prot-maximizing output level occurs at D units of output (enter your answer as a whole number). The prot-maximizing price is $D {round your answer to the nearest penny). The prot per unit is $|:| (round your answer to the nearest penny)
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