In a given market the inverse demand function is P = 170 - 0 per year. The interest rate is = 0.05 and the cost structure of a firm is given by C(q) = 80 9 Alternatively, the research institute can sell the new technology to the monopolist and then stay out of the market. If it is safe to assume that no more advances will be made in the future, then the maximum price that the monopolist is willing to pay for the innovation and the minimum price that the research institute is willing to receive for it are respectively 42.000 and 33.600 so the monopolist ends up buying the new technology 42.000 and 52,500 some monopolist ends up not buying the new technology 75,600 and 33,600 so the monopolist ends up buying the new technology 67.200 and 62.500 so the monopolist ends up buying the new technology