Question: Its cost function is TC(Q) = 1000 + 400 + 0-. Demand for Aon. is estimated to be Q = 280 - p. 1. The

Its cost function is TC(Q) = 1000 + 400 + 0-. Demand for Aon. is estimated to be Q = 280 - p. 1. The profit maximizing monopoly quantity of AoA is 2. The monopoly price is $ 3. Producer surplus at the monopoly price is

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