Question: **** Please give answer stepwise with proper explanation , answer 'd' is incorrect. Suppose that you are a monopolist in the market of a specific

**** Please give answer stepwise with proper explanation , answer 'd' is incorrect.

Suppose that you are a monopolist in the market of a specific coffee shop. Your inverse demand curve and cost function are the following: P = 60- (Q) TC(Q) = 250+ [0"2] The Equilibrium Price P is: Select one: a. $40 b. $250 0. $45 d. $60

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