Question: What quantity ( Q ) will the profit - maximizing monopolist below produce, what price ( P ) will they charge, and how much will

What quantity (Q) will the profit-maximizing monopolist below produce, what price (P) will they charge, and how much will their profit or loss be?a.)Q =8 unitsP = $3,000Profit = $24,000b.)Q =8 unitsP = $7,000Profit = $56,000c.)Q =8 unitsP = $7,000Profit = zero economic profit, or normal profitd.)Q =8 unitsP = $5,000Profit = $40,000

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