Question: what is the correct solution to this problem? Question 40 1 pts Lucy sells milkshakes (Q) as a simple monopolist. Consider a typical month in

what is the correct solution to this problem?

Question 40 1 pts Lucy sells milkshakes (Q) as a simple monopolist. Consider a typical month in her business. Her variable costs are vc = 2Q. Her demand is PD = 8 - 1/5Q. Her only other cost is a fixed advertising cost. If she does not advertise there will be no demand at all for Lucy's shakes. If she advertises demand is as stated above. What is the most Lucy would pay for advertisements? $50 O $25 O $0 O $45 O $55

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