Question: tion Ten ( 15 Marks ) 1- Given a Perfect competition firm cost function C(Q) = 5 + Q2 & Market Price (P = $10

tion Ten ( 15 Marks ) 1- Given a Perfect competition firm cost function C(Q) = 5 + Q2 & Market Price (P = $10 ) - Find MR - Maximum Profits ? - What is the Effect of Entry on Firms Output & Profit ? 2- If You are a monopolist with an inverse demand P = 100 - Q and Cost Function C(Q) = 125+4Q2 - Find Q* and P* - Max Tprofit

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