Please answer both

1. Use Excel Solver or a spreadsheet to solve the following. A firms objective is to Maximize Profits. Demand is Q = 1500*P^-1.2, and Total Cost is TC = 30 + 6*Q + .25*Q². The profit maximizing price is __________.

   	A.	59.
   	B.	66.
   	C.	74.
   	D.	82.
   	E.	88.

2.

1. Use Excel to solve the following. A firms objective is to Maximize Profits. Demand is Q = 1500*P^-1.2, and Total Cost is TC = 15*Q^1.2. The profit maximizing price is ______. This problem can be solved either by a spreadsheet or Solver.

   	A.	132.
   	B.	136.
   	C.	142.
   	D.	156.
   	E.	162.