Suppose a monopolist's inverse market demand function is given by P = 40 - 5Qdand its marginal cost function is MC = $5.Assume FC = $0.

Using the above information, complete the below statements, filling in your final, complete answer in the space provided to the right of the statement.

Ifit is a single-price monopolist seeking to maximize profit,

a.)its output is equal tob.) the price of its product is equal toc.) its revenue is equal tod.) its total cost are equal toe.)its profit (loss) is equal to